Analysis Paralysis #creativefinance #realestate #multifamilycollective

So how do you actually get over analysis paralysis? What are the real steps? The first thing you need to know is that when you write an offer and you get an accepted offer on a deal, you're starting due diligence. You don't have to know everything. You have to have a good idea about why you believe that the numbers that you're looking at are likely accurate. One thing I do promise you, when you're under contract and you're doing your financial and physical due diligence, you will find things that make the deal look different than when you originally started. Sometimes it's better, sometimes it's worse. But my encouragement to you is that it will never look exactly exactly like it does when you write that offer. So you are never— there is no circumstance where you are going to be 100% confident, nor is anyone else who writes an offer and gets an accepted offer. You are competing for what you believe is likely true. When you go under contract, you have a long period of time, weeks, to determine if your assumptions were accurate.