Because it is always changing, but not always warming.....gotta cover your bases y'know.... 

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And if you base an offer price on that, you'll likely have an extremely difficult time getting any traction. 

I would search around so you know what you need to buy out your partner.

This gives you flexibility and a clearer understanding of how you’ll proceed based on market changes.

If the work needs updates, that’s where it can add up, but $30K sounds like a reasonable cushion based on what you’re describing.It sounds like a solid deal, especially if the cash flow is good.

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If the answer to the last question is yes, I think it'll be a hard choice.I see a reasonable appreciation rate for underwriting at about 6% based on neighborhood scout, so nominally I think you'll make 10-11% if you had paid cash which means I think you'll do quite well holding on (20% returns or so). 

My name is Zach Langley, and I’m a licensed realtor based in Dallas, TX.

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