2 million dollars for a 300k condo, would you accept? Note L.A

[Rudy Avila]

If i would to offer you 2 million dollars for a condo 300k market price, wold you accept? Here are the numbers Bigger Pockets players here are the numbers. Especially the note players. I know my numbers. I want to hear others opinions. Anywhere in the US.

City Population 115k 

Metro 13.2 Million population

Medium Income 60k a year

Medium Home price $668,500.00

Unemployment 4.2k

Population, Job growth are growing every year for many, many, many years.

Property crime rate under the US average. Pretty much very strong Market compare these numbers pound for pound to anywhere you want in the US im looking for your opinion. 

Condo market rate 300k. 2 Bed 1bath

HOA $220 Includes Water and Trash.

Market Rental $1600.00 Per month. 

Taxes $3100.00

Offer Proposed. 

2 Million plus 10k down. 

Monthly Payments of $700.00

Note of $700 x 285,57.14 payments. 

Would you accept why or why not? Please let me know your honest opinions 

Ignore Keywords: Seller finance, financing, note, notes , inversion, inversion, , inversiones ,paisa, paisas, takuache , takuaches , condos, 

I'm not saying I'm gonna rule the world or I'm gonna change the world, but I guarantee you that I will spark the brain that will change the world. And that's our job, It's to spark somebody else watching us. We might not be the one's, but let's not be selfish and because we not gonna change the world let's not talk about how we should change it. I don't know how to change it, but I know if I keep talking about how dirty it is out here, somebody's gonna clean it up.