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Updated about 2 years ago on . Most recent reply

Gurleen B.'s profile image
Gurleen B.'s profile image
Gurleen B.
  • Member since Dec 20, 2022
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Gurleen B.'s profile image
Gurleen B.'s profile image
Gurleen B.
  • Member since Dec 20, 2022
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Gurleen B.
7
Votes |
32
Posts
Multi-Family and Apartment Investing

Better to offer less money or more money but ask for closing credit?

Gurleen B.
Posted

Hi all,

Looking at making a final offer on a property and wanted some input on two options I have in mind:

Is it better to make an offer for $519,000

or

Is it better to make an offer for $544,000 (his counter-offer) but ask for $25k in closing credits which I can use to buffer any potential issues with repairs/upgrades/renters not being happy with rent increase, etc?

Thanks in advance!

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