Due Diligence on 109 units Multifamily

Syndication Made Easy with Vinney (Smile) Chopra

Due Diligence on 109 units Multifamily

with Special Guest Jon Roosen!

Investors - or just about anyone who’s interested in real estate for that matter - will often come across the term due diligence when they are set to acquire a residential or commercial property.

Going beyond legalese, due diligence is basically a term used to describe a set of processes formalizing the sale and turnover of a residential or commercial property. If you are set to acquire a multifamily complex of some 15, 50 or 200 units, it’s essential to do your part of the due diligence before you are able to enjoy the cash flow generated by these assets.

Sure enough, the due diligence part comes off as the most tedious and time consuming step in any real estate transaction. Sometimes, it’s easy to say, “Oh man, there’s a lot to do. How about let’s skip some steps and get straight to sealing the deal?” Oh, how I wish it would have been that simple! There are strict laws governing the sale of properties, and failing to handle all the necessary paperwork can put you at the receiving end of a legal complaint. This puts your reputation at risk, and not only will multifamily sellers see you under a negative light, but it will also affect future acquisitions. Will a mortgage lender approve your application for a loan if they know you have had failed to do your due diligence for a previous transaction? Obviously not.

Invest NOW with Vinney, Learn NOW from Vinney!

Book your FREE Strategy Call NOW! Go to this link: https://calendly.com/jonroosen/

Check out Mr. Vinney Smile Chopra at: https://vinneychopra.com/

Invest Passively in Senior Housing: https://seniorlivinginvesting.co/

Contact Me Here For more info: https://vinneychopra.com/contact-vinney/

[e-mail]