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Updated over 3 years ago,
Property purchasing process
Hello BP community! I am working on getting the pieces in place to hopefully secure my first deal. I have been analyzing properties and I have come across a few that I think would work nicely with my planned strategy.
I know it might seem like a dumb question but how do YOU purchase a property? At what point do you make an offer? I am not sure whether I should put in offers before or after I have walked through the property. Should I wait until its under contract to worry about an inspection? Should I obtain loan pre-approval before making an offer or make the offer and then search for financing?
I would love to hear a rundown of your standard purchase process/ timeline or what has worked for you in the past!