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Updated over 4 years ago on . Most recent reply

User Stats

12
Posts
4
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Roy W.
  • Real Estate Agent
  • El Paso, TX
4
Votes |
12
Posts

Rent roll and profit loss statement

Roy W.
  • Real Estate Agent
  • El Paso, TX
Posted

I found a potential deal on loopnet.com for a 8 unit apartment. The broker is refusing to provide P&L and rent roll documentation for the property, only gross figures through email. What does this mean and is there a work around for it?

As always thank you for your time.

  • Roy W.
  • Most Popular Reply

    User Stats

    1,635
    Posts
    1,363
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    Michael Le
    • Developer
    • Houston, TX
    1,363
    Votes |
    1,635
    Posts
    Michael Le
    • Developer
    • Houston, TX
    Replied

    Offers are non-binding. I wouldn't sweat it. Just put in your offer with some proof of funds and see what they give you.

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