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Updated over 9 years ago on . Most recent reply

User Stats

20
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7
Votes
Dan Hilton
  • Washington, DC
7
Votes |
20
Posts

When to ask for pro forma

Dan Hilton
  • Washington, DC
Posted

Hey BP!

Beginner question about getting the financial statements from the current owner regarding their rental property. When is the best time to try and acquire this type of information? Specifically is this information that you can (and want to) request prior to making an offer? I understand that we want to analyze the deal with our own number/research. I'm curious from the perspective of pointing at the owner's pro forma to justify a low-ball offer.

Thanks,

Dan

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