No 5% commission.
On a multifamily transaction, that's the difference between an okay year and a good one.
Direct multifamily buyer
Kallpa is a direct multifamily buyer in Washington, Texas, and Kansas. We close on cash and seller-financed deals on 5-to-50-unit buildings, typically 14 to 45 days from acceptance. You'd sell to us if you want to skip the broker process and talk directly to the buyer who's actually going to own the building.
Why direct
Three reasons sellers choose us over a broker listing.
On a multifamily transaction, that's the difference between an okay year and a good one.
No open houses, no parade of buyers, no rent roll circulating to twelve competitors. Tenants don't even need to know the building is for sale until close.
We can close in 14 days for cash, or structure seller financing if you'd rather spread the tax over years and earn interest on the note.
Direct buyers compete on certainty, not on being the highest number on the page. If maximum price discovery is your only goal and you have 60 to 90 days to wait, a broker auction may net you more. If certainty, speed, and a clean transaction matter, we're a fit.
Side by side
A neutral look at the trade-offs. We're not the right buyer for every situation, and we'll say so when a broker would serve you better.
| What you're comparing | Direct sale to Kallpa | Broker-listed auction |
|---|---|---|
| Commission | $0. We're the buyer, not an intermediary. | Typically 4–6% of the sale price, paid by the seller at closing. |
| Timeline to close | 14–45 days from acceptance, depending on cash vs. seller-financed structure. | 60–90 days is typical, including marketing window, bid round, and due diligence. |
| Buyer pool | One buyer, one offer, one due-diligence cycle. | Multiple bidders, broader market exposure. |
| Tenant disturbance | None. No open houses, no rent roll circulating, no parade of inspections. | Listing photos, walk-throughs, and marketing materials typically circulate. |
| Price discovery | One offer based on our underwriting. We explain the math. | Competitive bidding can lift the headline price on a clean asset in a hot market. |
| Net to seller (after fees + time) | Often within a percent or two of the broker net once commission and time are factored in. | Higher headline, lower net after the 4–6% commission and any pre-listing prep costs. |
| Certainty of close | High. We have capital in the bank and we are the contract counterparty. | Variable. Depends on the winning bidder's financing and contingencies. |
| Privacy | Off-market. Tenants, lenders, and competitors don't find out unless you tell them. | Public listing or pocket marketing reaches a defined buyer pool. |
| Best fit | Sellers who value speed, certainty, privacy, and a clean transaction. | Sellers with a stabilized turnkey asset in a hot market, no privacy or speed concerns, and time to wait. |
Commission ranges and timelines reflect typical multifamily transactions and vary by market, broker, and asset profile.
Who we work with
The seller situations that fit us best.
You've owned the building for a decade or more, the tenant calls have lost their charm, and you're done. We hear this one most often.
A building came to you or your family and managing it is not the life you signed up for. We work patiently with executors and family members.
You bought the asset when you lived in the market, you've since moved, and remote management has gotten harder. We handle inspections and closing entirely remotely if needed.
You want to 1031 into a different asset class or market, and you need a clean fast sale to make the timeline work.
Non-paying tenants, eviction in progress, or a building you'd rather not personally finish a workout on. We buy occupied properties including ones with delinquent tenants.
The deal needs to close cleanly with cash or a structured payout, and the timing matters.
How it works
Five steps. The whole thing from first call to wired funds is typically 14 to 45 days.
Phone or email. He answers his own line and reads his own inbox. The first conversation is short: address, unit count, why you're considering selling, and what timeline you have in mind.
Send a current rent roll and a few photos of the building and a representative unit. Jose runs the numbers using realistic vacancy, market-rate insurance, and capex reserves. If something doesn't fit our buy box, we tell you within a day.
If it fits, you receive a written offer within a few business days. The offer includes the structure (cash, seller-financed, or a hybrid), the price, the proposed closing timeline, and any contingencies. We explain how we got to the number.
After acceptance, we complete inspection, title review, and rent-roll verification. We don't drag this out. Two to three weeks is typical.
Sign at title (in person or remotely), funds wire, deed records. 14 to 45 days from acceptance depending on the structure. Cash deals close fastest. Seller-financed deals take longer because of the note documentation.
Objections
Where
Washington is our home market. Jose lives here, the firm started here, and the bulk of our holdings sit between Tacoma and the north Sound.
See Washington details →
Texas is our second-largest market and the place we look first for value-add 20-to-50-unit assets in stable, growing submarkets.
See Texas details →
Kansas is a deliberate part of our footprint, not an afterthought. We acquire in markets where the math still pencils and the relationships still matter.
See Kansas details →
Each state page lists the specific submarkets where we look first. If your property is in one of those three states and it's a 5-to-50-unit (Washington, Kansas) or 20-to-50-unit (Texas) B/C class building, we want to talk.
Two minutes. No broker. He'll read it himself and reply within a business day.
Process