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Updated about 6 years ago on . Most recent reply

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Rigo V.
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  • from Morris Plains, NJ
  • Member since Jan 20, 2017
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Rigo V.
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Rigo V.
  • Investor
  • Morris Plains, NJ
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Buying & Selling Real Estate

multifamily comps-how is it done?

Rigo V.
  • Investor
  • Morris Plains, NJ
Posted

I am buying  a duplex in an area that does not have alot of duplex's. How are comps completed? Will they look at single fams? or just go back further than a year to find comps? worried that prices were high back then but not as high as they are now.

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Antoine Martel
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Antoine Martel
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Antoine Martel
  • Rental Property Investor
  • Miami, FL
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They will go back in the year and find duplexes. Single families and duplexes are not comparable. 

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