|
How much due diligence goes into each property? |
|
|
|
|
By the time a tenants-in-common investment opportunity reaches you, it has been though multiple levels of due diligence. First, out of the 50-60 national real estate providers that specialize in tenants-in-common, we have selected only the providers with the most experience, best track records, and most highly-qualified management. Second, each aforementioned real estate provider has an acquisitions team that thoroughly underwrites each transaction. These providers have literally hundreds of properties to choose from for each property that is purchased, so there is a great deal of choice and opportunity to select the best possible opportunity for the buyer. Third, the lender financing the purchase of the tenants-in-common conducts a separate underwriting of both the property and the real estate provider involved before granting its loan approval. Fourth, we conduct a thorough due diligence process for each investment property and come to a conclusion about the strongest investment opportunities available among its approved real estate providers.
|