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Updated almost 5 years ago on . Most recent reply

Commercial Lingo Question
I've been in the multi-family market for duplexes to 4 plexes, but now I'm wanting to pursue something in commercial property with a larger building like somewhere between 6 and 10 units that can be used for Short Term Rentals in my market. The broker asked me to tell him "minimum / maximum deal size." What does that mean? Is that the price or something else? Please let me know what you know about this.
Thanks so much
Most Popular Reply

He’s most likely referring to purchase price.