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Updated about 8 years ago on . Most recent reply
A 6-plex deal whose use code is 4-plex
Hi everyone, we have a 6-plex property in Tacoma, WA and during our due diligence period we found the use code is really a 4-plex. What are the repercussions of that in terms of finance? Should we negotiate for a lower price or back out of the deal? Any advice would be appreciated.