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Updated over 7 years ago on . Most recent reply

User Stats

343
Posts
95
Votes
Chris Sukala
  • Rockford, IL
95
Votes |
343
Posts

What to ask for in a multi family sale

Chris Sukala
  • Rockford, IL
Posted
Good morning all, Friend of mine contacted me and ask if I wanted to buy a multi family. He wasn't for sure how many units. Uncle is getting out of it after 30 years. What should I ask for. Is there something specific. Income statement Expense statement Just want to make sure I have all my T's crossed and I's dotted. Evening hoping he would owner finance. If he does. What's a good percentage down I should give him and what interest rate. Thanks

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