Multi Units Analysis
Hello Tampa BP - I am coming across triplexes that Id like to wholesale. I can do all the due diligence, repairs, cash flow, etc.. Except for when it comes to cap rate and find comps, which i can rarely find in certain areas, but my main question is how do I price a multi unit property to wholesale? What is it the buy and hold end-buyer price goal is around my area? Is here where the cap rate comes into place? Is there a magic spreadsheet or calculation?
Thank you!! - I am more familiar with SFR, then when it comes to duplex, triplex+
Tampa, Clearwater, St Petersburg