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Updated about 5 years ago,
Performing Due Diligence
As a newbie looking to get into the game, it seems there’s a lot details not discussed when the gurus are telling us how easy it is to join in.
One being Title Search. (Another is the fact that you don’t receive cash upfront from a hard money lender, but I’ll start another discussion for that)
I never heard anyone talk about doing a title search on a property you’re about to purchase.
Most of the properties I’ve looked at are off-market thru a wholesaler. These are cash deals that need to be decided on and moved on quickly. It just occurred to me that we never talked about liens, or disputes, etc.
How do investors normally handle this among other due diligence issues before buying a property?