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All Forum Posts by: Jessica Grimm

Jessica Grimm has started 3 posts and replied 5 times.

Huge thanks to everyone here! I have secured a buyer's agent and am attempting to move forward with the deal. I feel more confident because I have this great community of knowledgeable members to lean on!

We have about 15 SFH properties that we've acquired over the years but we've not delved into multifamily. We are looking at a 11 unit apartment complex. I need the rental agreements, etc to run numbers more accurately. We do not currently have a buyers agent.
What is the order of operations? Should I get a buyers agent and then have them contact the seller's agent to get this information? Or not worry about getting a buyers agent?  
Then how should I tie up the property while we're running numbers to determine an offer price? From the examples of  Letter of Intent I see, it seems that we should identify an offer price in the letter of intent. 

Thanks all!!

Thanks Stace and TJ!  I appreciate your help!

I'm looking for flood insurance for a 12-unit multifamily in Florida. Does anyone have a good contact for this?

Thanks all!

Does anyone have experience with providing owner financing in Puerto Rico? I'm concerned with the potential risks and the foreclosure process in Puerto Rico. 

My renter wants to purchase but he wants owner financing. Honestly, I'm not certain of the risk this may involve, one because I've never done owner financing but also because i know laws in Puerto Rico can be different than stateside.