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Updated almost 7 years ago on . Most recent reply

Multifamily Comps Vs Residental Comps
Hello BP family. I'm looking to submit an offer on a triplex I recently came across in Palm Springs area. This will be my first ever offer I'm sending on a property. In regards to comps, I'm not seeing to many triplexes I can compare to. I did find some 3 bedroom 3 bath residential homes with the same square footage. Would I be able to run comps for my triplex against other homes with similar square footage that are not "triplexes"? Thank You