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Updated almost 10 years ago,
Due Diligence
Hello BP,
I am in need of some expertise. I just recently passed the dc real estate license exam and am patiently waiting for the approval of my application. I was driving for dollars and stumbled across some "abandoned" properties in my neighbor hood. I have a neighbor who is interested in buying fixer uppers in the neighborhood. I went to the office of tax and revenue website for dc and found a name who possibly owns the property. I was wondering how I can start to wholesale deals to my neighbor/ investors after doing my due diligence and getting it under contract.
1.) How can I get more info on the property?
2.)What contracts do I need in place?
3) How do I present the deal to investors and my neighbor?
Any links to articles or forums would be greatly appreciated.