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Updated about 2 years ago on . Most recent reply

Morenike N Allen's profile image
Morenike N Allen's profile image
Morenike N Allen
  • Member since Feb 5, 2023
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Morenike N Allen's profile image
Morenike N Allen's profile image
Morenike N Allen
  • Member since Feb 5, 2023
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Morenike N Allen
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House Hacking

Making an offer on a house hack

Morenike N Allen
Posted

I'm in the market for my first house hack and have identified a property that I like. The asking price is 499k and my realtor suggest making an offer of 515k. The estimated value of this renovated multi fam, is 399k-469k. The house is about 90% complete and has an open house over the weekend. Considering the competitive nature of the market, is 515k a wise offer?

Jersey City, New Jersey
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