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Updated over 1 year ago on . Most recent reply

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$80,000 K for a townhouse?

Posted

What would constitute me to pay a client $80,000 for a townhouse? 2015 build in Charleston, SC 2k sq feet, 2 years in on a mortgage, turnkey 3b/2.5 bath, 20 minutes from beach, assuming mortgage. Trying to understand if its better as a buy and hold (rental) or find a buyer. $80k feels like alot. Client is moving for work states away with family.

Grateful for insight…

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Bob Stevens
  • Real Estate Consultant
  • Cleveland
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Bob Stevens
  • Real Estate Consultant
  • Cleveland
Replied
Quote from @Fiza Ah:
Quote from @Alanna Williamson:

What would constitute me to pay a client $80,000 for a townhouse? 2015 build in Charleston, SC 2k sq feet, 2 years in on a mortgage, turnkey 3b/2.5 bath, 20 minutes from beach, assuming mortgage. Trying to understand if its better as a buy and hold (rental) or find a buyer. $80k feels like alot. Client is moving for work states away with family.

Grateful for insight…


 I'm an investor in Charleston and interested in taking it off you/your clients hands. Can pay cash 


Heck I will buy 5 for 80k, but this is not a real post, there are no properties in Charlston for 80k. I Know the area very very well You can get a boat slip for about 80k though, LOL 

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