All Forum Posts by: RIchard Lund
RIchard Lund has started 1 posts and replied 1 times.
Post: Multifamily inspection questions
RIchard LundPosted
- Bridgeport, OH
- Posts 1
- Votes 0
I have the opportunity to purchase a 1930's (4 unit) multi-family for around $30K. The building currently has a significant roof leak. I estimate the rehab costs to be around $100k and post-rehab price a little shy of $200k. I plan to refinance it after the rehab.
Who can I hire to inspect it and ensure that there isn't some terminal problem that I am not seeing? Foundation, structural, termites etc?
Is there a smart way to tie my initial inspection in with a bank, perhaps leaving me with a checklist of necessary repairs for financing?