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5 Things to Know About LOI

In this Show

There is a shortage of great product out there in multi-family. The most important question is how to find a deal, and how do I get them to sell me that deal? You will need to write a LOI (letter of intent). This is a written document showing the intent to purchase something. You need to sell yourself in this document. Here are 5 additional things you should cover:

1. Price
2. Closing Date
3. Financing—non-contingent
4. Due Diligence
5. Deposit

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