Due diligence....!!! 1,2,3....what’s next?

[Shaun Draughn]

Hello all, question for those of you who are purchasing multifamily properties! What are some of the biggest fees you incur during the due diligence period? Besides attorney fees, appraisal. I am just trying to understand better how much more in addition to the down payment should you expect to pay! And what type of “consultant” assessments are ABSOLUTELY recommended be apart of the due diligence process? I am reading “The Due Diligence Handbook For Commercial Real Estate” by Brian Hennessey and there are some good helpful tips thus far but I’m not seeing any specific detail about fees for these steps. Would love to hear from those who are experienced in acquisitions or anyone who has been through the process! Thanks in advance!