Updated over 7 years ago on . Most recent reply
Pro-Forma vs documentation
Hey everyone! I'm somewhat new to investing...I've had rental properties before, although usually I've lived in them, move, and turn it into a rental. Now, however, I'm researching actually investing in a multi-family unit. My question is when do you actually ask for documentation of expenses vs pro-forma? Do you wait to get those actual numbers after the property is under contract or while still researching? I'm having a hard time getting that information while just browsing...even when working with an agent. Any advice? Thanks in advance.