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Updated over 4 years ago,
BRRRR w/o due diligence period in ATL. Contractors as Inspectors?
Hi BP,
Rookie doing my first BRRRR (and first deal overall) with an experienced partner and started reaching out to wholesalers. One of the more established ones does a double close and requires you do no due diligence period. Just need to get out there quickly and inspect and put in a non-refundable down payment to hold the property.
Probably a very rookie question, but is having a contractor come out and act as inspector fine? Meaning inspect every inch as inspector would? Guessing if the contractor is good enough this is fine.
Any other quick steps you would take in this situation?
I've been in contact with some good contractors in Henry county area but now looking in Fulton and looking for some trustworthy, experienced contractors that can act quickly.
Thank you!
Sid