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#119738 - 04/05/06 08:14 AM questions on my first large apartment deal
Mr Bill Offline
Junior Member

Registered: 03/27/06
Posts: 7
Loc: Longmont CO
We are still in the exploratory phase. I am working with an investor and another real estate broker who represents the seller.

Info:
1. Apartment complex - 20 + units
2. I have sent financial ( costs / Income ) for last year to the investor
3. I do not have a contract with the investor yet

I have not dealt with this end of the business and am soliciting suggestions on what the next steps typically are.

My latest step:
1. I have emailed the investor to ask if the financial data suits him and if he wants to continue forward with negotiations

Assumming that he wants to move forward - how far do I go without a contract signed?

Thanks for any advice in advance

Mr. Bill

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#119739 - 04/05/06 08:39 AM Re: questions on my first large apartment deal
cprntr Offline
Junior Member

Registered: 03/24/06
Posts: 8
Loc: Brooklyn, NY
Always get a non-circumvent agreement!
never trust anyone Mr. Bill!
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