I have the same questions as @Joseph, along with availability of docs to review etc.Originally posted by @Joseph Bagley:How many units in this deal?

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I'm looking to take the plunge and make my first investment in a multi-family propert...

By pulling bank statements, calling past landlords and reviewing in owed debt.

@Mike ReynoldsAny property to cash out many conventional lenders want 6 months - condos also need to review condo docs etc to confirm it can be financed.

But you must have a pre existing relationship with them. 506b also has onerous reporting requirements like a yearly financial audit that will run you $10-$20k, so if it’s less than $1M a 506b may not be way to goAnother is a reg a+ offering but that costs $100k+ to setup and requires registering and review by sec.If you want passive investors who are not accredited there are not many options.

Unless the attorney spent time reviewing your facts; this may not be good advice.

That should give you a comprehensive enough display on the crime and how you should, or shouldn't invest. 

@Kody Bernier I'd get a comprehensive quote (or two) from a plumber to see what it would cost to fix all of the pipes. 

It's similarly comprehensive, but doesn't have a built in call feature.

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*This link comes directly from our calculators, based on information input by the member who posted.Hello y'all,this is my first potential deal and I kept messing with numbers extensively...