All Forum Posts by: Chris Troutner
Chris Troutner has started 12 posts and replied 34 times.
Post: Using appropriate comps for multi-family analyses
- Lender
- Olney, MD
- Posts 37
- Votes 7
Great. Thanks!
Post: Using appropriate comps for multi-family analyses
- Lender
- Olney, MD
- Posts 37
- Votes 7
He took an average price/unit on the 2-4s and then multiplied by 6?
Post: Using appropriate comps for multi-family analyses
- Lender
- Olney, MD
- Posts 37
- Votes 7
Hi, I am a new BP Pro member and I am committed to making my first purchase in the next couple of months. I am analyzing as many properties as I can. I am very interested in small multi-family units (2-4) as an initial investment. Over the last few weeks I have only been analyzing SFHs. My question is about finding the right comps to evaluate the asking price for a multi-family. I am looking in the Largo/Clearwater, FL area. For example, I am evaluating a duplex with two - 2 BR 1BA units. There are not many duplexes recently sold or for sale in the vicinity. Should I compare with a SFH that is 4 BR with similar SF? Or is that comparing apples to oranges?
Post: Florida Properties available for purchase through HMC Assets
- Lender
- Olney, MD
- Posts 37
- Votes 7
Hi JP,
I'm might be interested in bidding on one of the properties. Are there any outstanding liens, or is this bidding for "as is" including any and all outstanding liens against the property?
Thanks,
Chris