How to determine an acceptable sale price

[RJ Davies]

Hello fellow REI junkies!

I've been approached by a local house buying company (read: flipper) about them purchasing my duplex. They haven't come forward with an offer as of yet, but seem intent to do so. This has me trying figure out what an acceptable number to me would be to sell. So, I'd like to pose the question to you.

How do you figure what what sale price would be acceptable for you to part with a property?

Due to my application for a HELOC on the property and the required home valuation report, I have a good idea what it would fetch on the market. It should also be said that my original plan was to buy and hold this property for 10+ years. I currently live in one side of this (read: house hack). I can provide numbers, if needed, but am looking to see if my way of thinking on this makes sense before making any decision.

TIA!

R.J.