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No. This is not how any of this works and you’re wildly speculating. A multifamily property is worth some multiple of its Net Operating Income. Almost all Mult
by bequanna 3y ago
No. This is not how any of this works and you’re wildly speculating.
A multifamily property is worth some multiple of its Net Operating Income. Almost all
Multifamily properties are acquired with debt. No lender will grant a loan for a property that has a high asking price, high rents and high vacancy.
Source: I have owned many multifamily properties.