A little confusing at first but keep reading and asking good questions.This will help you start the process of discovery and determining what your maximum offer may be.  

This combination of increasing interest rates and bridge loans maturing will cause "price discovery" in the commercial real estate market.

Usually I talk to people on the phone.It's about level of risk, goals, active versus passive, your age until retirement, and a bunch of other factors.You are in what I call the DISCOVERY PHASE to determine where if any place do you want to put capital.

Another few months lead time educating a buyer from the discovery period to the offer period.So can take 4 to 6 months from time they contact you but if you have a good pipeline the large checks give you years to decades of reserves.Right now transaction volume is high with low interest rates and sellers can sell at a cap that gives them a good equity gain.

If you are interested Vacation rentals one of the best options I have seen in the area is Discovery Bay.

Inspection report (and walkthrough of all units) led to discovery of some serious items that need to be addressed.

We call it "panning for gold" because it takes a lot of networking, researching, and discovery to find anything with enough profit to be worth our time.  

Prior to this discovery one of my friends was scanning every postcard he had returned and sending it to his VA to manually enter the names into a list so they could avoid mailing them in the future.

While in that unit I had a great conversation with the presenter who was very careful to make sure that I understood that a special assessment had been levied on the building and that the seller had paid off that balance.She went further to warn me that I need to be very careful when buying condos as many folks seem to forget to talk about any special assessments until later in the process of discovery (I guess in hopes of getting you emotionally invested in the property and therefore more likely to bid closer to asking price rather than try to factor the assessment into the offer).Anyways, when I went to leave she asked if I was interested in looking at another unit- I did so she took me to another unit and turned me over to that agent.

I would take the following steps in the discovery phase of your due diligence period:1.