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Updated about 2 years ago,
Deal analysis looking for tips and pointers!
Good morning everyone,
Looking for some critiques and pointers on a deal I was looking at.
A couple things I am aware of:
Insurance is low, I haven't been able to get a broker to help adjust a more accurate cost.
The purchase price is what I think should be spend on the place even though it is significantly lower.
On one of the properties the 3rd unit needs electrical so the third year start on that hit is conservative.
I believe my refinance math is incorrect as far as how much cash is able to be pulled.
Im interested to see how anyone thinks about the rental justifications I have.
Im got my license to have more access with out having to be in contact with an agent 24/7 so I don't have much experience with CMA's any advice on how to properly compare similar properties would also be much appreciated.
Thanks in advance to anyone who takes the time to look at this!