I’m thinking 450 – 500k, depending what they work out w/the second on the place. If it goes over that amount, then I’m walking and waiting for the next deal. Too much to take on and for me won’t make any sense, after fixing it up. Maybe a developer will have more interest. Whether I get this place or not, adopting the positive attitudes of the Piggs, I’ll just wait. It will at least bring down the comps just a little more, whether it has a kitchen/baths or not, that’s how low the price can go. The next house will have to sell for a little less.

Meanwhile, I can finish squaring away the commercial lot in the interim. Right now, I’m just waiting to hear back on what the lender on the second is willing to reduce down to. If they won’t negotiate, then maybe it will go to foreclosure. That may or may not be a good thing. The price will be low and may get those bidding wars where someone will be overpaying in the end.