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All Forum Posts by: RIchard Lund

RIchard Lund has started 1 posts and replied 1 times.

Buying & Selling Real Estate

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?

0 Votes