It seems like this is a multiple offer situation and you coming up to $850k would still keep you in the competition with the other offers.If you still want to keep your offer at 830 remember that would be the final offer you place and there is no going back and revising it.

You will get higher vacancy throughout the year (this situation is more appealing to transients), but you make up for it in the higher room rates.

However, if you are planning to come back the extra cash now will not offset the potential hurdle when you return.I had a similar situation with my employer 2 decades ago. 

Especially when it goes from mis-managed to well-managed or vice versa.If a property is increasing the NOI, the market’s cap rate is fixed and so the property’s value goes up.So in the situation you describe where NOI is effectively zero but could be a lot higher, you have three choices:1.

Once you get to know the seller, then you can get into the numbers and figure out a win/win situation.

I have become a little stagnant in my pursuit of real estate, and im trying to get a better view of my situation I would like to get into a multi family property by the end of the year. i bought my first house in 2015 with an FHA loan, and then I decided I probably needed to do some research to figure out what I had gotten into.so far I am debt free excluding my hpuse but i dont have a career, i am employed but its nothing worth mentioning. i have about 70k of equity in my house and I have about 5k saved up.let me have it. what should I do.

Wanted to know if the next action step should be talking to lenders about my financial situation or getting an accountant to set up the foundation for our company. 

I need to know the best way to approach this situation, as it will be the first time I've one this. 

These are older houses that UNCG has recently moved into that area, after being landlocked for decades.Also the tax situation in Greensboro has changed , they just revalued property, mine jumped about 16%.

I know its never an easy thing to do, and often is a lose, lose situation for both parties.