Updated over 8 years ago on . Most recent reply

What to ask for in a multi family sale
Good morning all,
Friend of mine contacted me and ask if I wanted to buy a multi family. He wasn't for sure how many units. Uncle is getting out of it after 30 years.
What should I ask for. Is there something specific.
Income statement
Expense statement
Just want to make sure I have all my T's crossed and I's dotted. Evening hoping he would owner finance.
If he does. What's a good percentage down I should give him and what interest rate.
Thanks