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HomeForumsBuying & Selling Real EstateWhat goes into Multifamily LOI
Rudy Manna's profile image
Rudy Manna's profile image
Rudy Manna
  • Investor
  • from Redmond, Washington
  • Member since Feb 13, 2016
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Rudy Manna's profile image
Rudy Manna's profile image
Rudy Manna
  • Investor
  • from Redmond, Washington
  • Member since Feb 13, 2016
Connect
Rudy Manna
  • Investor
  • Redmond, WA
110
Votes |
267
Posts
Buying & Selling Real Estate

What goes into Multifamily LOI

Rudy Manna
  • Investor
  • Redmond, WA
Posted Nov 10 2019, 22:15

Getting ready for putting offers on larger multi-families. Have a number of templates. I do have a few specific questions hoping the experts can help:

- Does it help to include a detailed about us and a portfolio overview. Do have substantial experience & portfolio of SFR, Small Multis and property mgmt.

- Does it help to include a lenders intent to lend letter ( or any other letter from lender?).

- Proof of fund - Is it usually 25%-30% of Purchase price with bank statement?

Thanks in advance

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