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Updated over 12 years ago,
Duplex - No Comps - How much to offer?
I'm fairly new to investing. I have found a duplex that I am interested in. My realtor cannot provide any comps as a duplex has not sold in the past 5 years. How do I know what price to offer? My realtor thinks the price I offered ($28.5K) less the list price was outrageous. Any tips on how to figure out what to offer would be of great help. Thank you all!