@George Munoz if you are wholesaling or flipping homes, you should definitely join Collective Genius (CG).CG is solid, message me for a contact person if you are interested.I buy large apartment buildings and when I was a member of CG, there was a small group who played in the multi, storage and syndication space so it wasn't a fit for me long term.Last deal I bought was a 1,000 unit apartment complex.

living I desert ac units is what we primarily do so when hit with so much on heating wasn't prepared

Your experiences and insights are gold, so don't hesitate to jump into the conversation. 

Hi,I'm looking to buy a 3 unit property in NYC and to do a full gut, also there's a potential for another 1000sq to be added to the property and that's why i'm interested in this deal.

I have been really trying to push into bigger deals, I have finally come across a 30-Unit in my area off market, that is a great value add opportunity.

How much will you be willing to pay for a building in Buffalo/Southtowns with an NOI of $30k a year?What are the cap rates these days? A 7.5% cap would make this building $400,000

Also unsure if you can build sweat equity in a townhome or if there’s more of a “cap” to what value you can add due to the neighboring units, if that makes sense? 

However, I found a 15 unit portfolio for less than $4M that I can potentially assume at its current 5% interest rate.

BUT, if the property is listed FSBO, it's a regular ol' average joe trying to do the work of an agent to save a buck.. and doing it badly apparently. it's not unusual to say 'we don't want to disturb every tenant without a signed offer,' but they should have interior photos of at least most of the units.

How would I modify it for a 15 unit property?