Any real estate investment deal worth doing should be able to withstand a little due diligence, and commercial properties are an excellent example of this. Examples of due diligence you'll want to perform for your pending deals include:

• Property Inspection


• Market Analysis (values, rents, etc.)


• Title Inspection


• Lien Review


• Confirmation of Seller's Mortgage Balance and Payment


• Confirmation of "Currency" of Seller's Mortgage


• Mortgage Terms (e.g. fixed or adjustable, prepayment penalties, etc.)

Remember that due diligence is not just there as something to do, just for the sake of doing it. It is designed to protect you, especially given that commercial real estate represents an often-substantial investment of resources.