Submit offers subject to viewing the property, don't wait to physically walk the property.

I haven't even submitted the application to move the property from residential zoning to commercial because I'm waiting to hear from the city if they will allow us to keep our septic system.

Its MLO job to prepare the file before submit to U/W.

I will say I was pretty serious when I started looking for apartment complexes but this happened FAST, I got a call the next Tuesday that an offer was coming in that night from a group in Kansas City and I need to submit something or risk losing the deal.

What are some red flags to look out for during a showing before submitting an offer and doing an inspection?

Hello BP - I've submitted a LOI on a Multifamily deal.

He signed a contract to purchase around 9 acres of land north of Charlotte(from a land owner), and he had submitted all the architectural plans/other paperwork(to build Apartment homes) - and recently got his permission from city town planning.

The installer will also submit a bid at the same time for what it would've been to do carpet instead, and that's the amount she'll be responsible for.

@Michael Ehmann @Johnny Kang @Monica Pina @Erik Anderson @Joe McCarthyFigured we give this fun threat a restart...September:Accomplished: - Had our annual consultation with our accountant- Got another LLC going to purchase a Duplex with- Finalizing an application for pre-approval with Lima Capital- Collected about a dozen Duplex addresses by Driving for DollarsFell short:- Only made one offer for a Duplex in the past few months- Did not do enough Driving for DollarsPlans for October:- Submit more offers- Analyze more Duplex deals- More Driving for Dollars and sending out direct mail to the ownersLooking forward to hearing from everyone!

Currently, once we submit the request, our appraisals are taking 2 weeks to come back to us, and cost between $750-$800.