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Updated over 7 years ago,
Assessing a property
I'm looking into my first potential investment, I'm looking for help on how to figure out how much I should offer I know the list price $550,000 on four units, current rental income $3595 the property is in good shape has two long term tenants and the other two unit are occupied and I'm currently looking into financing options but what I don't quite know is hi to assets the property to make a rea a loan offer on the price and advice or help with this would be greatly appreciated