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Updated almost 8 years ago,
How not to annoy the real estate agent
OK, question: using the BRRR method and playing the numbers game by analyzing a lot of deals I would then put in a lot of offers, until I find someone that will take my offer. But I obviously dont want to visit all of those homes with my agent because most of those sellers arent going to except a low ball offer. So I just want to confirm that it is normal practice to put in a lot of offers, sight-unseen. I assume that if an offer is excepted, you would then go to view the property and assess the rehab costs. Also, would you view that property before or after you sign the offer? And if you finally visit the property and find that it needs more rehab than you are willing to take on, I assume you can exit the contract?
I know I am mixing a lot of questions in there. I just need to be walked through the actual steps I would take when throwing out a lot of low offers on distressed properties.