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Updated about 3 years ago,
How to Find the Value of Multifamily with No Comps
I’m looking into investing in either a duplex or fourplex. But there’s also a small apartment complex that I’m interested in.
How do I go about finding the value of multifamily’s? I know that you look at comps with single family homes. But if there aren’t comps for the multifamily’s, how do I determine the value for an offer price?