Three reasons commercial real estate deals fall apart: buyers don't have capital lined up to close, they underestimate repair costs that blow past budget, and they move too slow and miss the window. HV Capital explains why speed and pre-arranged financing matter.
Chapters
These are three things that will kill real estate deals. Number one is not having your capital lined up, both the equity and the debt. By the way, that's what we do. We finance commercial real estate. So contact HV Capital to finance your deal. Number two is due diligence. If the property needs way too many repairs that far, extend the initial budget that you had in your pro forma, that's unfortunately going to kill the deal. And number three is time. If you get an opportunity and you take too long and you don't seize that opportunity quickly with the right team in place, that will kill the deal as well. Every single good opportunity, there's not a lot of time to act on that opportunity. Don't forget, contact HB Capital to finance your next project.