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Course 1.0 – Week 2 Lesson 1: Preliminary Due Diligence: What You Need to Underwrite a Deal Effectively

Now that you have found a deal that interests you, you need to start the underwriting process. What information do you need to get from the seller to start?

Now that you have found a deal that interests you, you need to start the underwriting process. What information do you need to get from the seller to start?

We will cover materials such as historical operating statements, rent rolls, capital expenditure records, and other important information to obtain from the seller up front. We will also talk about all the different ways you can investigate the property from the comfort of your own living room.

Lesson 1 Action Steps 

(1) Have a pen & your notebook ready to take notes and write down questions for the coaching call

(2) Download the Preliminary Due Diligence Materials Checklist by going to the Resources tab.

(3) Update your Broker Credibility Package with your preliminary due diligence requirements.

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Course 1.0 – Week 2 Lesson 4: Basic Underwriting Concepts, Part 3 (Closing Costs)

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