How much should you offer on a home?

Could you sell it again for what you’re offering? If not, it’s too much.

Never pay more for anything than you are sure you could sell it for the next day.

Especially a home.


  1. A new build home that you are planning to live in for at least 10 years. (You’ll never get your money back on a new build in the first few years even in a rising market). But still, in this market, haggle hard. It’s a buyers market.
  2. A rare property that fits your personal needs exceptionally well and improves your life in other ways that are worth more than money, when you can afford the financial loss.
  3. If you’re a numpty over-leveraged, under-experienced BTL investor. You’re going to lose your equity and your lender will get burned too.