Hi,
What kind of strategy do people employ on IP's where the yield is significantly high (>10%) compared to RV and the sale is a closed tender?
Do you ever go significantly over RV (whilst still achieving >7/8% yield) in an effort to secure the property? ie, if it's still positive cashflow does it really matter what you pay compared to RV?
Thanks
What kind of strategy do people employ on IP's where the yield is significantly high (>10%) compared to RV and the sale is a closed tender?
Do you ever go significantly over RV (whilst still achieving >7/8% yield) in an effort to secure the property? ie, if it's still positive cashflow does it really matter what you pay compared to RV?
Thanks
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