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Updated about 9 years ago on . Most recent reply

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Dan DeVantier
  • Oneonta, NY
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Pre Purchase

Dan DeVantier
  • Oneonta, NY
Posted

I'm well aware of the fear factor that weighs on you when purchasing your first Multi-Family, but I'm curious if there are steps you suggest to make it easier? Understanding that a lot of MLS listings will state COC or the exact amount of cash flow they received in the previous year; I'm well aware that this information can be misleading and not exactly true, so I'm curious if there specific documents you can request prior to purchasing? Possibly something to show the actual cash flow or the income vs. expenses even. If so, what are they called and how do you go about receiving them? Through your agent?

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