Updated over 7 years ago on . Most recent reply
How does this 22 Unit in WA near Tacoma (Sumner) look???
Below is the proforma given to me by the broker for a 22unit in Sumner Washington:
My calculations - I need to pay 2.4mil + 200k for rehab rolled into the loan to make this syndicated deal work.
What is everyone's thoughts on this deal?
Have I analyzed it correctly or am I missing something?
Is buying at 2.6mil + 200k for rehab have enough margin to keep my investors happy?