Multi-Fam

[Tom Leuver]

Looked at 2 unit multi-fam with possible basement unit yesterday. Meeting with Plumber; HVAC and Electrician Wed am for quotes to fix problems and rehab. It is a short sale and asking $199,000. Rents in this area go $1,200 - $1,500 and buildings in good to excellent shape sell for $310,000 - $350,000.

I am looking for financial help on this. I should have all the figures in the analysis sheet by the end of the week for anyone that might want to help me out.

Thank you,

Tom Leuver