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Multi-Family and Apartment Investing

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T.Walter Boyd
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First Potential Commercial Property 5 unit purchase - Please Help

T.Walter Boyd
Posted Oct 30 2020, 11:34
  • I am considering buying a local 5 unit in my neighborhood. I found a local bank that is considering lending some of the money and they are asking for the following items:
  • Pro Forma - Do I create this or do I request this from the owner?
  • Market Information - Any recommendation for what I should send over? I was thinking to just give them a Zillow market analysis article of the area
  • Sponsor Financials - If I am buying this myself can I also be my own Sponsor for the property?
  • Any help that can be provided would be greatly appreciated. :-)

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