From the course: Real Estate Analysis Foundations
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Financing and closing - Microsoft Excel Tutorial
From the course: Real Estate Analysis Foundations
Financing and closing
- The next step in the investment process is the financing and closing. So after you reach the point where you've done a thorough analysis and you've conducted your due diligence, and you verified every major and even some minor assumptions that relates to your investment and you're ready to put your money into this investment, you're ready to make the purchase, this stage is where you figure out the financing closing details. This is where you ensure all of the funds are in place. Funds that you need for the purchase price, for any closing costs, for any professional fees, especially if this is a commercial type of project where you may have architecture and engineering fees, some legal, whatever that you need, if there were some environmental issues where you needed an environmental expert to give you an opinion then you may have some environmental expenditures there. Construction, you want to get your finances in place not just for the purchase price to acquire the assets, so if…
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