How to Know It’s Time to Walk Away From an Apartment Building Deal
You’ve looked at many different apartment building deals, and you finally have one under contract. Congratulations! Now the real work begins: due diligence. If you don’t uncover anything new that materially changes the deal, you’re well on your way to closing. But many times you DO uncover things during due diligence that you weren’t told […]
Estimating Acquisition and Closing Costs for Apartment Building Deals
Many beginning commercial real estate investors are shocked at how much it costs to perform due diligence for a deal and how high the closing costs are. While the latter are usually paid for at closing, the former must be paid with hard cash while doing due diligence. In the video below, I review the […]