Keep running out of time? Try this:
Due diligence is one of the biggest silent killers of deals — especially for newbie who don’t realize the game is more clock management than contract magic.
Here’s how pros stay ahead of the squeeze:
⏳ 1. Ask for extensions BEFORE you need them.
You plant the seed early: “Market’s been slow getting appraisals back…” “We’re waiting on docs the seller should be sending…”This makes delays normal — and extensions easier.
📄 2. Use the contract to buy yourself more time.
Most sellers THINK they’ll send you documents quickly.Reality? It takes them 4–8 weeks — every time.That delays the Effective Date and stretches your runway.
📬 3. Document EVERYTHING.
Weekly email updates = legal cover. You’ll never get blamed for delays you didn’t cause.
🏆 4. And when the deal is HOT? Sometimes you take the shorter window. You don’t lose a $150K+ payday arguing over 5 extra days.
The real skill isn't due diligence…it’s controlling the clock.
💬 What’s the longest DD extension YOU’VE successfully negotiated?
Drop it below — someone here needs your wisdom.
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Paul Thompson
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Keep running out of time? Try this:
Commercial Real Estate 101
skool.com/commercial-real-estate-101
Teaching people just like you how to build wealth with multi-family and other type of commercial real estate.
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