Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
DC 2-Unit Question - Investor Deal
Hi - first time poster, long time reader. I'm selling our partial house-hacked 2unit in Washington DC (fully permitted basement) to move to a cheaper location and reinvest the proceeds. We've lived in 2/3 of the house and rented the basement for 5 years. An investor approached me yesterday with an offer and now I'm trying to decide if its better to take the offer or chance it on the market. I think the offer is competitive with the market (albeit perhaps on the low end) when backing out agent fees and marketing costs. However, given the low inventory, I'm wondering how others evaluate opportunities like these? The way I see it -- I have a "deal in hand" vs. the prospect of a potential better deal in a few weeks. ---- Thanks, Alex