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Multi-Family and Apartment Investing

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Bryan H.
  • Investor
  • Willow Spring, NC
283
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788
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Rule of thumb acquisition costs

Bryan H.
  • Investor
  • Willow Spring, NC
Posted Jun 10 2015, 15:37
I'm using a spreadsheet from CCIM to evaluate my potential purchase. It's looking for input on acquisition cost, specifically the cost of a loan from the lender and also the cost to acquire the property. I'm looking at sub $300k 6-10 unit properties in Michigan. As a rule of thumb what percent can I expect to plan on for these two costs.

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