Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
First B&H Property Negotiation
I'm brand new to Real Estate investing, I have a property currently being rented that was my primary residence. Now I've found a property that would be the first one that I've bought specifically for a Buy and Hold investment. I know the area, not the specific property, but I feel like it could be had for less. It's currently rented by a tenant at a good price. It's my first deal so I don't want to be stingy, but at the same time a deal is a deal... What do I do? (38,000 original offer, I feel like 25-30 would be more appropriate)