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Updated almost 6 years ago,

Account Closed
10
Votes |
224
Posts

Spending money on homes inspections?

Account Closed
Posted

So lets say i get a deal that costs 200,000 but i got it for 180,000 under contract right?

Then i do my due diligence. And i pay 2,000 for an inspection. And i find out there were 15,000 in repairs. So it means my real profit is 5,000 so i cancel the contract and i lost 2,000?

What if it happens again? Will i be losing thousands of dollars for every deal i dont want?

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