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offer to buy fully rented 11 unit complex
Ok folks, I just got another email from the lead that was generated from my ad on Kijiji. They also have an 11 unit, fully rented complex for 3.1 million or best offer. After taxes and expenses, the net income is 176,480 a year.
What things do I need to look for when checking out this proposal. And is it difficult to get funding for such a purchase.
Pete