Frequently Asked Questions

Question 1

How does the process work?

Accepted Answer

It starts with a property submission. Share your address, unit count, property type, and any available documents (T12, rent roll). Our underwriting team reviews the details and delivers a no-obligation cash offer within 48–72 hours. If you accept, we move to contract and close on your timeline — as fast as 14 days.

Question 2

What documents do I need to submit?

Accepted Answer

A T12 (trailing 12-month profit and loss statement) and a current rent roll are the most useful documents for accurate underwriting. If you don't have them ready, submit anyway — our team will follow up to collect what we need. We can often make a preliminary offer with just the property address and unit count.

Question 3

Do I need to do anything to prepare the property?

Accepted Answer

No. We buy properties as-is, in any condition. There are no required repairs, no clean-up, no staging, and no inspections you need to arrange. We handle all due diligence on our end.

Question 4

Will I need to work with a broker or agent?

Accepted Answer

No. We are a direct buyer. There are no brokers, no listing agents, and no middlemen involved. You deal directly with our acquisitions team from first contact through closing.

Question 5

How quickly can you close?

Accepted Answer

We can close in as few as 14 days from a signed contract. If you need more time — for tax planning, a 1031 exchange, or any other reason — we can accommodate a longer timeline. We close on your schedule.

Question 6

How long does it take to receive an offer?

Accepted Answer

Typically 48–72 hours after we receive your T12 and rent roll. For larger or more complex portfolios, it may take slightly longer. We'll keep you updated throughout the underwriting process.

Question 7

What happens after I accept the offer?

Accepted Answer

We send a purchase and sale agreement for your review. Once signed, we open escrow, complete our due diligence (title search, review of existing leases), and proceed to closing. The entire post-acceptance process typically takes 14–30 days depending on your preferred timeline.

Question 8

Are there any fees or commissions?

Accepted Answer

None. We charge zero fees and zero commissions. The offer we make is the amount you receive at closing. There are no deductions, no surprise costs, and no broker splits.

Question 9

Who pays closing costs?

Accepted Answer

We cover our own closing costs. Depending on the transaction structure, some standard closing costs (such as transfer taxes or title fees) may be split or negotiated — but we are transparent about this upfront and it is reflected in the offer.

Question 10

Is there any cost to submit my property or get an offer?

Accepted Answer

No. Submitting your property and receiving a cash offer is completely free and carries no obligation. You are under no pressure to accept.

Question 11

What types of properties do you buy?

Accepted Answer

We buy multifamily residential properties — apartment buildings, small multifamily (2–20 units), mid-size complexes (21–100 units), and large apartment communities (100+ units). We also acquire distressed assets, value-add properties, and portfolios of multiple buildings.

Question 12

What markets do you buy in?

Accepted Answer

We buy nationwide — all 50 states. We are active in every major metro and most secondary and tertiary markets. If your property has units and cash flow, we want to hear from you regardless of location.

Question 13

Do you buy distressed or underperforming properties?

Accepted Answer

Yes. Distressed assets, high-vacancy properties, deferred maintenance situations, and underperforming buildings are all within our acquisition criteria. We underwrite based on the property's potential, not just its current performance.

Question 14

Do you buy portfolios of multiple buildings?

Accepted Answer

Yes. We regularly acquire portfolios of two or more properties in a single transaction. Portfolio acquisitions can often be structured to meet specific tax or timing needs.

Question 15

What if my property has existing tenants?

Accepted Answer

That's completely fine. We buy occupied properties and honor all existing leases. Tenant management transitions to us at closing — you don't need to handle any tenant communications or lease terminations.

Question 16

What if my property has deferred maintenance or code violations?

Accepted Answer

We buy as-is. Deferred maintenance, code violations, and needed repairs are factored into our underwriting — they do not disqualify a property. You are not required to make any repairs before or after accepting an offer.

Question 17

What if I'm behind on mortgage payments or facing foreclosure?

Accepted Answer

We can often move quickly enough to help sellers in pre-foreclosure situations. Contact us as soon as possible so we can assess the timeline and structure a transaction that works. Speed is one of our core advantages.

Question 18

What if I need to do a 1031 exchange?

Accepted Answer

We can work within 1031 exchange timelines. Let our team know upfront so we can structure the transaction and closing schedule to meet your identification and exchange deadlines.

The Process

Timeline

Fees & Costs

What We Buy

What-If Scenarios

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