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Updated over 4 years ago on . Most recent reply

Account Closed
1
Votes |
5
Posts

Buying process/ can broker represent me?

Account Closed
Posted

Hello everyone, I come from the single family space and was wondering how the process is to buy multifamily compared to single family. Am I able to have a broker write a contract for me or do I need to do this on my own?  

Most Popular Reply

Account Closed
  • Rental Property Investor
  • Dallas, TX
54
Votes |
87
Posts
Account Closed
  • Rental Property Investor
  • Dallas, TX
Replied

@Account Closed In the larger multifamily space (generically referring to 75+ units) you'd work directly thru a listing broker to submit a Letter of Intent (LOI). Would subsequently have an attorney draft the purchase and sale agreement contract.

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