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All Forum Posts by: Jaime Frausto

Jaime Frausto has started 7 posts and replied 72 times.

Real Estate Deal Analysis & Advice

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

0 Votes
General Landlording & Rental Properties

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.

0 Votes