Seller Wants an Offer Before Seeing Property

[Elton Tate]

My wife and I are currently looking into investing in Detroit and have secured the pre-approval letter. Upon looking for a home to invest in, we noticed the seller only allows us to see the property if an offer is made. Is this normal? Also, when asked about current lease agreements and rent rolls, no one responded. Is this weird? All properties are tenant-occupied and pay rent at or above the market rate. This practice is very odd to me. It even happens for homes with no tenants.

[Jay Hinrichs]

Quote from @Elton Tate:

My wife and I are currently looking into investing in Detroit and have secured the pre-approval letter. Upon looking for a home to invest in, we noticed the seller only allows us to see the property if an offer is made. Is this normal? Also, when asked about current lease agreements and rent rolls, no one responded. Is this weird? All properties are tenant-occupied and pay rent at or above the market rate. This practice is very odd to me. It even happens for homes with no tenants.

nope totally normal for renter occupied homes.  its a big pain in the butt to coordinate showings with tenants and you dont want to burn out or piss your tenants off by inconveniencing them with potential buyers who maybe just kicking tires.. NOT in any way saying you are.. but you get the point I am sure.. your tenants are your life blood so keeping them happy is more important than letting buyers who are not even in contract into the houses just to look around not like it and not buy it.

If the home is vacant I suspect they are Leary of squatters and thieves and or they have been burned by wholesalers and their lies about having their partner look at the house.. which is really not their partner but is potential buyers.. very slimy how they do that.