Steps to Buying a FSBO Invesmtent

[Robert Mack]

I am meeting with a seller tonight on an investment property he is looking to sell. There are no Realtors involved and I wanted to get some idea of the steps involved in purchasing a FSBO as an investment.

I am going to contact a lawyer who I got referred to that also has rental properties in the area, but wanted to get some feedback on how the typical process works: what paperwork etc is signed if we do agree on a price and can I make the deal contingent on my attorneys review, should I have a contract made up or is it OK to use his and then come back with changes after attorney review...?