Apartment Building Wholesaling


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  • Jackie and/or fellow members,

    Has anyone on the forum ever done a wholesale deal on an apartment building. I’m in contact with a Motivated Seller of a 44 unit apartment building and I’m not 100% sure how to set up the wholesale.

    I have done wholesale deals on single family homes, so I know the process. However, apartments and commercial properties usually require a more extensive due diligence process, so I could use some insight.

    Thanks in Advance.

    Garrett Humphrey

    Garrett,

    First, congratulations on the lead!

    Second, where is the property located?

    Best,
    Anthony

    Garrett
    This quite the process but people buy commercial all the time. Long story real short the price will be determined by athe capitalization rate minus deferred maintenance.

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