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All Forum Posts by: William Goolsby

William Goolsby has started 2 posts and replied 12 times.

Multi-Family and Apartment Investing

Post: Unit Inspection question

William GoolsbyPosted
  • Little Elm, TX
  • Posts 12
  • Votes 2

Actually, Dylan, I am financing 80% through a lender.  Will they require all units be inspected?  This is my first multifamily purchase, so we haven’t made it to that stage yet. 

0 Votes
Multi-Family and Apartment Investing

Post: Unit Inspection question

William GoolsbyPosted
  • Little Elm, TX
  • Posts 12
  • Votes 2

Ok guys (and gals), I need some help.  I'm purchasing (2) 16-unit, identical properties in Oklahoma, and I'm trying to schedule inspections.  One was built in 2008 and the other in 2011.  I know that every unit needs to be inspected by someone, whether it's me, my partners, a contractor, etc.?  Is it common practice among investors or investment groups, however, to pay a licensed inspector to check each and every unit, or just a few in each building?  Thanks.

0 Votes