Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago,

User Stats

17
Posts
2
Votes
Christina Merlo
Pro Member
2
Votes |
17
Posts

Help Analyzing a Deal

Christina Merlo
Pro Member
Posted

I have a STR that I'm looking to buy out of state. It was listed for 100k I offered 75k he countered with no lower than 90, I offered 85 and he said 87.5k. my partner thinks if I stay firm at 85 he will accept but I'm afraid to lose the deal. Do I risk it for $2500 or just accept and sign. My rough calculations are negligible but he doesn't want me to leave money on the table. I'm not sure what to do.
Also, first time analyzing a STR, do these numbers look ok (the 15k rehab is rolled into the loan) 

  • Christina Merlo
  • Loading replies...