Steps for buying a investment home in cash

[Dazrell Fleming]

So I plan on purchasing a home using cash is there a tool or a step list somewhere? This is what I have so far.

1. Title search
2. termite inspection
3. Home inspection
4. HVAC inspection
5. Proof of funds
6. Home owners insurance
7. Home warranty 

[Nathan Platter]

Hi Dazrell,

My personal strategy has always been to outsource as much as I can and focus on creating deals. If that's also you, I'd recommend finding a realtor and working with them to build that list and take control of the process and pay them their standard commission for doing all the hustle.

If you'd rather avoid the realtor and keep more of the profits, that seems like a good starting list. Also, make sure the foundation is in good order, look at any seller's disclosure documents (required in some states like mine, Minnesota) and also make sure there are no contractor Lien's on the property.

Excited to hear about your acquisition!