All Forum Posts by: Amir B.

@David Lee Hall, III

Hi David,

Does the deal make more sense if I put down 25% instead? I'm still learning how to calculate profits. The seller hasn't disclosed the repairs needed.

@Drew Sygiti don't know that. I will ask. 

@Jarrod Kohlyes, possibly. 

Seller has done it before. 

@Chris Mason

Yes, I was thinking of that.

@Larry Turowski

Purchase price: $175K

Down payment: 20%

Current rents: $600 each unit=$2400

Taxes: $4343

Insurance: $745

Interest rate: 5.50%

Repairs needed: Unknown

The seller doesn't have a brokerage either. 

I will post the numbers shortly. 

Hello,

I found a quadplex fully rented for $2,400 monthly. The ask is $175,000. The seller is selling himself. I rather not pay the 3% commission either. 

I have never done this before. Any advice for or against doing this transaction?

Thank you,
Amir

Hello BPers,

I was wondering how much commission is charged per deal?

Okay thanks