An essential part of the due diligence process is the third-party reports ordered by the lender. This video explains what’s involved.
A big part of the due diligence process is the third-party reports ordered by the lender, which you should also order even if you are paying 100% cash for the property. These consist primarily of the appraisal, the property condition report (PCA), the environmental report, and the zoning report. This video explains what these reports cover and what they mean for you.
Lesson 5 Action Steps
(1) Have a pen & your notebook ready to take notes and write down questions for the Facebook group or monthly Q&A call.