Updated over 5 years ago on . Most recent reply
Not sure how to value this?
Hello all and thank you for taking the time. I’m new to all of this and looking for my first multi family. My dilemma is when looking at a property that is listed for say $350,000 with very little work done to it and the numbers seem to make sense for a 13% cap, but sold in the last couple of years at $70,000, am I getting scammed or did that person get a ridiculous deal?