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Updated over 9 years ago on . Most recent reply

User Stats

62
Posts
52
Votes
Hai G.
  • Investor
  • San Mateo, CA
52
Votes |
62
Posts

Things to check before closing?

Hai G.
  • Investor
  • San Mateo, CA
Posted

Hi all,

I'm under contract to purchase a Triplex in the East Bay, it's a short sale and the bank has approved the sale price.  The units are currently all rented out and this would be my first multi-family investment property.  What are some things I should watch out for before closing to make sure I've covered everything?  Besides inspections, tenant history, existing leases, would you recommend other things I should check to make sure?

Thanks a lot in advance.

Hai

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