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Updated over 11 years ago,
What would you offer on this property if you were a cash buyer?
Property comps for $2.4 million. The market was extremely cold in this area (taking properties up to 3 years to sell) until lately where now, these properties are taking 3 to 6 months to sell on average. Seller wants cash right away and will sacrifice alot of equity, but I am new to REI and I dont know what a cash buyer would offer on a multimillion dollar property. Property is perfect and needs nothing done. I would like to know what a cash buyer would offer so I know what to offer the seller.