Plan of Action

Steps we take to help you purchase investment property:

  1. Initial Consultation
    We will establish your investment goals, debt and equity requirements, devise a financing strategy, and provide guidance to financial institutions in order to locate the best financing available for your requirements.
  2. Identify Property to Buy
    We will research properties based upon the criteria that we establish. The more precise and direct you are with us, the more successful our search will be.
  3. Determine Seller’s Motivation
    Once you have identified a property that you wish to purchase, we will conduct the crucial research and analysis to help you determine the price needed to meet your return requirements.
  4. Draft a Letter of Intent
    After determining the price and terms you require, we will develop an offer strategy. We will then draft an LOI to purchase the desired property.
  5. Draft the Purchase Contract
    After your offer has been accepted, we will draft a purchase contract for you, working directly with your attorney, if desired.  We will advise you on protective contingencies, customary practices, local regulations, etc.
  6. Open Escrow
    When the Purchase Contract is accepted and signed by all parties, we will open escrow for you. At this time your earnest money will be deposited. The escrow will receive, hold and disburse all funds associated with the transaction.
  7. Contingency Period
    This is the time allowed per your Purchase Agreement to obtain financing, perform due diligence, and satisfy any other contingencies to which your purchase is subject.
  8. Due Diligence
    We will assist in obtaining and reviewing all due diligence material, including document review, review of all leases, physical inspection, building plans and survey, operating statements, any easement agreements, the preliminary title report and all 3rd party service agreements. We will continually update your feasibility analysis with any new discoveries.
  9. Down Payment Funds
    You will need a cashier’s check or money transfer several days prior to the closing date of escrow.
  10. Close Escrow
    When all of the conditions of the Purchase Contact have been met by both sides, you will sign the loan documents and closing papers. You will deposit the balance of your down payment and closing costs into escrow and your lender will deposit the balance of the purchase price. The Deed will then be recorded at the County Recorder’s Office and you will take ownership the property.