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Michael Lawrence
  • Investor
  • Washington DC
1
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24 Unit multi family (first deal)

Michael Lawrence
  • Investor
  • Washington DC
Posted

Hello biggerpockets,

I have found a 24 unit complex for sale that is mom and pop owned. After using the bigger pockets calculators I think it a good deal but I wanted to ask you all what documentation I should request from the current owners before making my decision? Thank you.

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Ellis San Jose
  • Specialist
  • Westlake Village, CA
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Ellis San Jose
  • Specialist
  • Westlake Village, CA
Replied

Start with rent roll, & last 4-5 years of income & expenses

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