Originally Posted by cj65
Kickstand is correct! I own a few rentals and I am currently buying another. I always come in with about 75% of what the asking price is. That being said one of the houses I own was a bank owned home when I put in a bid. I paid cash for that house so I don't know how loans are on bank owned homes. But we closed in three weeks !
He's talking about a house 'he loves', not his fourth rental property. It's only $38,000, why let it get away? Give them asking price, get the house.