I asked him how he would make money, he said "eventually sell it to a Chinese politiburo".

Gaurav, you have been given wise advice by our learned BP Brothers.Here is my .02:This sounds like your personal residence v. a rental property.So if the missus has already mindfully moved in, this is a subjective purchase. . . . rather than just about the numbers.If it is a good deal, and it is what your gut says. . . then suck it up and pony up the piddly $8500, the appreciation will eventually erase whatever perceived mistake you feel you have made.If you get an attorney involved and suing for Action for Specific Performance, it will cost you thousands to donkey punch the seller into complying.Of course don't just lie down.

Thanks for the warm welcome.Hey @Brandon Turner, I eventually want to buy and hold.

What they are doing is driving the price up on these so called investement homes and I believe they will eventually drive the prices up so much and overpay for these homes, the return will not be worth it.

Eventually, you will find someone who does good work for a fair price.If you want to do the expensive stuff (plumbing, electrical), you can still hire out the cheap stuff like painting and landscaping and free up more time.

The area is very good, the school district very desirable, and I would likely be able to eventually rent the unit out for $300 - $400 more per month than my monthly costs on it would be (mortgage + taxes + insurance + HOA); however, I intend to live there for 5 -10 years.

I would like to use the rennovation and coordination experience I gain from this job to eventually start my own real estate renovation and investment company.I would love to hear from experienced BPers who do something similar, or perhaps works in a construction/project management position for a smaller company.

Eventually the body wears down.

I guess in order to truly grow big I will have to relinquish some control eventually, but I am not there yet :)

LOL) we didn't know what roles would fit us best so we tried multiple different things with moderate success, but we all eventually found our niche within our partnership.