Norfolk, Plymouth and Bristol counties, where prices are much lower for both buy & hold and fix & flip properties.

Interest rates have risen, lowering buying power.

As we continue to grow at such a rapid rate, our barriers of entry are still significantly lower than the Dallas market.

If you do you may be able to get better terms (lower interest rate and down payment).

Hokay, at first glance the monthly cash flow is lower than I'd like.

@Jason DiClementeYes thanks for response that was what I was trying to figure out what should I negotiate lower over all price and if so how much?

If income/expense numbers given to you were inaccurate, then I would lower my price to adjust accordingly to the cap rate you agreed upon the incorrect numbers.No deal is better than a bad deal, and losing a few thousand dollars is worth it not to get into a bad deal.The broker can put any description he wants, but he should not be passing over incorrect income & expense numbers.Go back and lower your price accordingly or else walk away.  

It will be lower if the tenant stays for 2 years or more, etc.  

The next 10 face to face appointments will lower offers to make more sense. 

Delayed refi loan amount is based on the lower of cash-out refi LTV OR purchase price.