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Updated over 9 years ago, 08/26/2015

Alissa S.'s profile image
Alissa S.'s profile image
Alissa S.
  • Flipper/Rehabber
  • from San Diego, CA
  • Member since Feb 23, 2014
  • Posts 48
  • Votes 5
  • Experience 17 Yrs
  • Investments 2
Connect

User Stats

48
Posts
5
Votes
Alissa S.'s profile image
Alissa S.'s profile image
Alissa S.
  • Flipper/Rehabber
  • from San Diego, CA
  • Member since Feb 23, 2014
  • Posts 48
  • Votes 5
  • Experience 17 Yrs
  • Investments 2
Connect
Alissa S.
  • Flipper/Rehabber
  • San Diego, CA
5
Votes |
48
Posts
Multi-Family and Apartment Investing

Need help with Equity Question

Alissa S.
  • Flipper/Rehabber
  • San Diego, CA
Posted

I own 24% of an apartment building with a mortgage on it. I want to cash in my ownership in the building. I need to know what I can ask for for a price to buy me out.

I have no idea how to calculate that number.
Building is worth 625,000 and I own 24%

I am hoping to collect the 150k that is 24% of the total value, but I am sure that it will be more like 24% of whatever the equity is in the building.

Any help or info would be appreciated.

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