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Updated over 6 years ago,

User Stats

25
Posts
3
Votes
Evan Miller
  • Jonesboro, GA
3
Votes |
25
Posts

Multi-family unit but no financials

Evan Miller
  • Jonesboro, GA
Posted
Hello bigger pockets, I have come across a multi-family unit 6-plex. The property has been in the family for a long time and was given to the son after the father died. The son has been handling the property but has done a horrible job in keeping financial records. No standard rent roll or P&L. I know that evealuating mulitfamily is based on income but if he os not able to provide proper financials what should I do?

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