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 “Acquisition Cost” tab of the Syndicated Deal Analyzer which gives you some rules of thumb for estimating both of these costs.
Watch Video and leave me your comments or questions below!
Photo credits trenttsd