All Forum Posts by: Jaime Frausto
Jaime Frausto has started 7 posts and replied 72 times.
Post: Appraisal When There Are NO Comps

Jaime FraustoPosted
- Investor
- Shorewood, IL
- Posts 79
- Votes 18
1st I would double check with the city to make sure it's zoned for a multi family unit. 2nd if your lenders appraisal comes back for less then that could be used as a re-negotiating tool. Good luck
Post: Longest amount of time with no tenant

Jaime FraustoPosted
- Investor
- Shorewood, IL
- Posts 79
- Votes 18
Justen, what I recommend is especially if you are going to use a PM ask them what the vacancy rate is for the property that they you are interested . At the end of day it's all about the cap rate.