Updated about 8 years ago on .
What questions to ask??
Hello,
I am going to look at a property that was just put on the MLS a couple days ago and the agent happens to be the owner as well. It is an 18 unit building in a very fast growing neighborhood and just by doing simple due diligence(50% rule, cap rate ratio) it should be pretty profitable. This will be my first deal and I want to ask the owner the right questions and not get taken advantage of but I do not even know which questions to ask!!!
If anyone has some ideas please share them with me.