Unveiling the Whisper Price in Real Estate Syndications, Part 2 of 2

So in this case I'm calling the broker or maybe I'm calling the seller direct and say, you know what, what is the whisper price? What are you trying to get? And in this case they want 15.2 million. So okay, 15.2. Well, when I first start, I will start with the 15.2 million because if I can make the numbers work to have an easy win win where our investors are getting returns and the seller gets what they're wanting, great. And in competitive markets it becomes really challenging because other people may be looking to bid. And you know, what was a whisker price of 15.2 million could end up being a 16 million, 16.5 million sell price in a crazy market. That market's things are slowing down a little bit. So it's not as much as that, but let's just say 15.2 million purchase price. That was the asking. That's where I'm gonna start out.