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Multifamily - Due diligence period?
I am making an offer on an apartment building. How long should I allow for the due diligence.? I will need time to review all leases and other documents, and also allow time to satisfy all the lenders requirements for financing. This is an off market deal, so I have to put something in the offer regarding the conditional period Duration. What is an appropriate length of time for that?
0 likes • 1d
On the low end I would say a minimum of 45 days, we usually see clients ask for 90 day DD period for deals like this. Especially if the plan is to use CMHC.
1 like • 23h
60 days ( can do quicker but more time the better)
Intro
Hello everyone. I'm Daniele based in Toronto. I'm a licensed architect and real estate developer. Looking forward to learn more about Multiplex and meet likeminded people!
2 likes • Dec '25
Welcome Daniele, you're in the right place for that!!
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We’re thrilled to launch the Multiplex Stream as part of OHBA’s Futures Faster program, and we’re looking for mentors for the program. As a Realist premium member, this is a great opportunity to take part in our multiplex course and have it covered through a training stipend. What’s involved: ⏱️ 6 one-hour mentorship meetings over 3 months 💰 Mentors receive up to $1,500 through a wage subsidy 🏠 Participation in our Multiplex Masterclass Apply at https://www.futuresfaster.ca/multiplexes and select “Multiplex” for question 23.
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Nick Hill
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@nick-hill-7700
1/2 of The Canadian Real Estate Investor Podcast. Trying to achieve my dreams while helping others do the same through real estate.

Active 18h ago
Joined Aug 20, 2023