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Updated almost 6 years ago on . Most recent reply
New Investor- Multifamily Contract Questions
Hello BP Family!
I am new here and new to real estate investing as well. I am preparing to make an offer on an apartment building and have a couple of questions.
* Is it okay to ask seller to replace the roof (approx 20k) and ceilings, which he already knows is a problem?
* What is the standard Financing Contingency, Appraisal and Inspection, Due Diligence length?
* Rent roll and leases etc.- should I ask for these in the special stips?
* How many days do I give seller to deliver copies of documents?
* Any other information recommended would be greatly appreciated.
Thanks!