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Updated over 6 years ago on . Most recent reply

Marcus Rembert's profile image
Marcus Rembert's profile image
Marcus Rembert
  • Real Estate Agent
  • from Plainfield, IL
  • Member since Sep 1, 2015
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Marcus Rembert's profile image
Marcus Rembert's profile image
Marcus Rembert
  • Real Estate Agent
  • from Plainfield, IL
  • Member since Sep 1, 2015
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Marcus Rembert
  • Real Estate Agent
  • Plainfield, IL
1
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Multi-Family and Apartment Investing

Multi-family Purchase (3 Unit) - What should I ask seller for?

Marcus Rembert
  • Real Estate Agent
  • Plainfield, IL
Posted

Looking at making my first multi-family purchase. What are some of the things I should I ask seller for? Security deposits, copy of leases, recipients for recent repairs?   

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Peter J Turner's profile image
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Peter J Turner
  • Investor
  • from Rehoboth, Massachusetts
  • Member since May 30, 2018
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Peter J Turner's profile image
Peter J Turner's profile image
Peter J Turner
  • Investor
  • from Rehoboth, Massachusetts
  • Member since May 30, 2018
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Peter J Turner
  • Investor
  • Rehoboth, MA
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16
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Peter J Turner
  • Investor
  • Rehoboth, MA
Replied

Marcus,

Congratulations on your first MF deal!  Look up estoppel agreement.  I’m learning this stuff for myself as I have my first MF under contract as well.

Best,

Pete

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