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Updated over 1 year ago,

Ema Silva's profile image
Ema Silva's profile image
Ema Silva
Pro Member
  • from Boston
  • Member since Jan 8, 2021
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Ema Silva's profile image
Ema Silva's profile image
Ema Silva
Pro Member
  • from Boston
  • Member since Jan 8, 2021
Connect
Ema Silva
Pro Member
  • Boston
0
Votes |
9
Posts
Multi-Family and Apartment Investing

Pay over the appraised value?

Ema Silva
Pro Member
  • Boston
Posted

Should I pay an extra 30k above the appraised value? It is multifamily. After said expenses, fixed and variable, it would net 2k a month. The CoC is 34% and the cap is 7.6%.

I just dont feel good about paying an extra 30k above appraised value in a market like this. Thoughts?

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