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Updated over 15 years ago on . Most recent reply

User Stats

28
Posts
1
Votes
Vanessa Brostovski
  • Real Estate Investor
  • Lincoln, CA
1
Votes |
28
Posts

Question on home size!

Vanessa Brostovski
  • Real Estate Investor
  • Lincoln, CA
Posted

Has anyone had any experience with negotiating the price of a home down because of the size? For example, a 3/2 versus a 3/1? I am looking at a deal that is priced well, but wondering about how much negotiating room I have due to the fact that it has 3 bdrms but only 1 bath, which makes it inconvenient for a family. This deal may be a potential assignment but I want it to be attractive to my investors, and if I purchase and hold, I want to be able to rent or seller-finance the place out. What is your experience as investors with the sizing issue, especially with the bathroom? I have heard that is approximately $5k in negotiating, but I want to be sure it's even something advisable to pursue, simply on the issue of the bathroom. Thanks guys!

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