Although my company is located in CA and IL, we are both buyers and private lenders on lower $ ARV SFR properties throughout the U.S.Best of luck and continued success.

That's the reason I used most pessimistic to most optimistic estimates in APOD analysis.And I also want to know if it is insulting if I go with an offer based on my analysis if it is significantly lower than the list price or is it still worthwhile making an offer.

We are both buyers and private lenders on lower $ ARV  SFR properties throughout the U.S.Best of luck and continued success.

My company is based in NorCal and IL, but we are both buyers and private lenders on lower $ ARV SFR properties throughout the U.S.Wishing you continued success.

I've seen more than a few times a 2x10 sistered on to the old 2x6 joists that dropped the ceiling height another 4 inches, and 2x6s  used to raise the floor to be level across while still being able to run piping/hvac below.If you don't have the cash to do it right, I'd say just leave it as is since either way it'll be a fight with the city if they find out.

In this case as with most foreign nationals when buying in the USA the L.T.V's tends to be a little lower.

When I hang out with my friend whom I am talking about in this thread, I feel as if I'm sinking lower.

Too bad you couldn't raise up the flooring to make it level with the rest of the house.

Your problems were a level up from mine, in financial terms. 

Does anyone know if this price is usually a baseline and they are likely to receive more than their asking price or if it is common to offer a lower amount based on repairs needed?