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Updated about 5 years ago,

Drew Leonard's profile image
Drew Leonard's profile image
Drew Leonard
  • Rental Property Investor
  • from Centennial, CO
  • Member since Mar 11, 2019
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User Stats

22
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6
Votes
Drew Leonard's profile image
Drew Leonard's profile image
Drew Leonard
  • Rental Property Investor
  • from Centennial, CO
  • Member since Mar 11, 2019
Connect
Drew Leonard
  • Rental Property Investor
  • Centennial, CO
6
Votes |
22
Posts
Multi-Family and Apartment Investing

Requiring bank statements ?????

Drew Leonard
  • Rental Property Investor
  • Centennial, CO
Posted

Trying to get under contract on a 5-unit, and only basic table of rent, expenses has been provided. Seller adamantly opposed to providing bank statements for income/expense verification. Is that a huge red flag? Are folks requiring bank statements to help ensure you’re not buying a property full of late paying/non-paying tenants?

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