Does price matter

Question

I have this deal where the seller wanted 1.5 for his property

Chris K. · Answer

I'm not really sure what "the seller wanted 1.5" means but I cannot think of a situation where the price wouldn't matter to me.

PAUL ARNDT · Answer

In this case it does matter that the price is 1.5 and not 3.  Price point doesn't matter, price ALWAYS matters.

Dell Schlabach · Answer

If the seller wants 1.5 and you can sell it for 3. If repairs can be done for .25 and all your holding closing and selling costs come in at .25 seems like purchase price of 1.5 doesnt matter as long as you have access to the cash.

What do you think @Chris K.

Dell Schlabach · Answer

It doesnt matter...as far as I am concerned. I am a rehabber, a landlord may have a different opinion.

Does price matter

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