Turnkey real estate evaluation

[Joseph Charles]

Hi everyone, Happy new Year.  I am new to real estate investing and had question about turnkey property evaluations. I found a company who sells using non-traditional financing.  In a conventional loan there is both an appraisal and an inspection prior to closing. Neither of these are done with a cash purchase.  Because of where I live I will have to do an out of state purchase.  I plan to use an individual 401K to pay for the property.  How an I protect my interests? Do I have to just go by what the turnkey operator presents as the home's value and condition?  Any input would be greatly appreciated.

[Aaron H.]

Start by checking out Jay Hinrichs turnkey review site: http://turnkey-reviews.com/

Make sure they're a reliable operator.

Beyond that, don't take their word for anything - you're still 100% responsible for doing the due diligence on anything you purchase. E.g. see the top trending discussion right now re: a turnkey scam - only possible when people take operators at face value...