Hack for ROI on a rent stabilized MF

[Bobbi Casalino]

In NYC, there are MFs for sale. the problems are: they are expensive... like a 2% cap rate if you're really lucky, and many are rent stabilized.  I'll be looking at a possible 6 family investment tomorrow. Every unit is below market and RS. I'll be meeting with aan L&T attorney that I hope will give me some guidance and good news. If he doesn't, then there doesnt seem to be a way to buy a property and not LOSE money. Does anybody know something I don't?  

  Thanks!! =)