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Updated over 8 years ago,

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3
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Justin Gray
  • Lynchburg, VA
0
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3
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Do I need a lawyer?

Justin Gray
  • Lynchburg, VA
Posted

Hi! This is my first post and I need some help. I'm trying to get into real estate investing and I have been driving for dollars, and last week I found a house that I believe has good potential. It's a out of state owner in their 60s and the home hasn't been lived in for years. I dont know if they are willing to sell, but before I call them I was wondering if I should try to get pre approved for a loan and should I get a lawyer? I would like to try to do seller financing as my credit score isn't great because I haven't had a credit card very long. I grew up in a family that didn't believe in debt, so I didnt get one till recently. So if seller financing is a possibility should I get a lawyer to do the paper work and legal stuff or is it unnecessary? As for the loan, should I just call them and wait to see if they are willing to sell before I take it to a bank? Any help from someone who knows about this would be greatly appreciated!

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