Hey folks,I'm new to bigger pockets and real estate investment.Just got into escrow on this 13 unit multi-family in san pablo, ca.Here's the offering memorandum:https://www.dropbox.com/s/wzcap5pjemeomdz/1610Amad...Would love to hear your thoughts on what you think of the deal, and what (if anything) looks out of the ordinary.Specifically, where would you start with due diligence, and wether or not the deal looks good to you!

@Brian Lo Download BP’s newest book here some good due diligence in Chapter 10 also what goes on at a REIA meeting.

But that is plenty good enough for Commercial properties because you have a due diligence period to see what the real numbers are.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Download BP’s newest book here some good due diligence in Chapter 10.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Download BP’s newest book here some good due diligence in Chapter 10.

There are dealing out there but as always, you must do your due diligence and the numbers MUST be there.

I would like to continue doing so but first want to do some due diligence on the market. 

A lender should do their due diligence before suggesting a deed in lieu, I'm sure Mike would.In suggesting that a deed would be accepted. a lender needs to take care as to simply stating the facts of a deed acceptance and the factual benefits for a borrower.That letter should have another letter enclosed, from the borrower to the lender, requesting that the lender accept a deed in lieu, this shows that the borrower was not unduly influenced from the initial letter and that they are requesting an option to resolve the matter they may not have been aware of.

I think if you do your due diligence each day one day you will wake up and say "Hey, I'm organized and on track and a REAL investor (no longer a newbie).