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I'm new to REI and another topic brought this to mind...When my husband and I bought our house (that we live in, not an investment), we paid an earnest money deposit that was credited to us at closing. We also paid a...
Auction,trustee, foreclosure and pre-foreclosures confuse me . After the auction is complete, how can you determine what other things,(i.e mortgages, 2nd's, liens and judgements) will be the winning parties responsibi...
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Purchasing properties at foreclosure sales can be an opportunity for investors. Some of these properties are offered at a fraction of the market value which is one of the reasons investors are incentivized to buy. Bef...
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What are some of your due diligence list you must not skip? Also provide a short details how you go about in doing the research. I'm putting together a list of the due diligence that we must not miss or skip and pleas...
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I put in an offer on my first property last night. It's a duplex in Quakertown, Pa (suburb of Philadelphia). Besides an inspection, estoppel letter for the one current tenant and asking for copy of the lease. What o...
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Hi, i was wondering how do you other investors come up with the funds to pay for your due diligence cost (soft cost), which on commercial real estate deals can be substantial.
the reason why i ask this question is be...
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Hey - I am just wondering do you count weekends in the due diligence process? Lets say a contract has a 3 days DD on it and it was executed on a Friday. Does the DD end on the following Monday, or does it start on the...
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I am close to pulling the trigger on my direct mail marketing campaign. However, I have some common, competing memes in mind. First is that to be successful you need to take massive action. On the other hand, th...
Hey I need help understanding the purpose of a due diligence fee? I'm reading it's for the seller but what if the seller and the realtor for the seller has made it a hassle to come to a agreement on the contract. They...
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G'day everyone, My name is Bernie from Minneapolis MN. Would anyone share with me checklist &/or processes to follow and check off in a due diligence process on a medium multifamily deal.My objective is to purcha...