Multi Family Appraisals

[Dan Weber]

Hello all, quick question about multi-family appraisals. Other than just pulling comps of similar properties, is there any way that I can determine or calculate what an appraisal will come in at for a 5+ unit building? Income approach? 

[Mike Taravella]

Hello Daniel Weber

I just started analyzing multifamily deals trying to get my first one.

Thanks to Patrice Penda she showed me this quick guide to help analyze deals.

http://www.themichaelblank.com/how-to-make-an-offer-on-a-multifamily-deal-in-10-minutes/

I made an excel template so if you would like I can send it over.

Let me know if you have any questions.