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 4 years ago,
Initial Offer - Connecticut
Hello BP,
I got an opportunity to submit a bid for a single family, 2-story, with large basement and garage, 1,302 sq ft, on the market for $419k. I got to see the property beforehand and has been recently renovated with the opportunity to add a 2nd full bathroom (4 beds 1 bath). However, it is being marketed as 2 beds/ 1 bath. Should I make my offer as if it were for a 2bed/1bath? or Up my offer for the future benefit it'll have of adding a second bathroom and using 4 of the the rooms (1 master/3 smaller equal sized bedrooms) as 4 beds? Or treat it as a 3 bed/1 bath with an office suite?
Let me know your thoughts. Thanks
Dilman