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Get the expenses from the owner (tax return's are great) and run the numbers to show that you won't make any money (aka the bank won't lend because it doesn't meet their DSCR). Let your numbers negotiate for you.
By Teo Bogdan5
44 ratings
Get the expenses from the owner (tax return's are great) and run the numbers to show that you won't make any money (aka the bank won't lend because it doesn't meet their DSCR). Let your numbers negotiate for you.