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22
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13
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Ian Cruz
  • Investor
  • Bay Area, CA
13
Votes |
22
Posts

Commercial Multifamily in Cincinnati

Ian Cruz
  • Investor
  • Bay Area, CA
Posted

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Commercial multifamily in Cincinnati

Lessons learned? Challenges?

Things were very informal in documentation (agreements, gathering diligence docs, protocol for sending wire instructions, transaction still not posted to MLS months later, etc.).
Went through some expected struggles of insuring an older building with Federal Pacific panels and being an out-of-state buyer. Glad to be building a team with local market knowledge.

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