That is like walking into the store to buy juice that is for sale for $5 and paying them $7 for it because you want to pay more than what the juice is worth.

John Hickey congrats on buying a cash cow.

This is like buying any other property, it is valued at whatever the market is.  

@Brady Bitter since  you are buying new construction what makes you think you are getting 25% equity.

But I’d also buy the $200 5 year warranty.My last/only stackable I bought last year was LG, the combined towers to try to reduce noise, increase ease of use, and presents higher end look.

@David LewisRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Investment Info:Condo buy & hold investment.

Would love some feedback before I make the initial buy in. 

@Kyle LipkoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Investment Info:Single-family residence buy & hold investment.