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Updated over 4 years ago on . Most recent reply

Chris Cooper's profile image
Chris Cooper's profile image
Chris Cooper
  • Investor
  • from IL
  • Member since Jan 27, 2015
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Chris Cooper's profile image
Chris Cooper's profile image
Chris Cooper
  • Investor
  • from IL
  • Member since Jan 27, 2015
Connect
Chris Cooper
  • Investor
  • IL
4
Votes |
24
Posts
General Real Estate Investing

Purchase price near Market Value - is this a good strategy?

Chris Cooper
  • Investor
  • IL
Posted

Can a case be made for buying a rental property (in good condition, i.e minimal repairs needed, at near market value prices with a qualified renter on a current lease, or is this generally something LTH investors will stay away from? 

Thank you for your input.  

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Jonathan Oh's profile image
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Jonathan Oh
  • Investor
  • from Las Vegas, NV
  • Member since Mar 23, 2019
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Jonathan Oh's profile image
Jonathan Oh's profile image
Jonathan Oh
  • Investor
  • from Las Vegas, NV
  • Member since Mar 23, 2019
Connect
Jonathan Oh
  • Investor
  • Las Vegas, NV
258
Votes |
499
Posts
Jonathan Oh
  • Investor
  • Las Vegas, NV
Replied

@Chris Cooper If it cash flows, you like the location, and it fits into your long-term strategy, nothing wrong with that.

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