Hot Deal time frames vs Due Diligence

[Martin Sterling]

This may be a newbie question but if I'm dealing with a wholesaler or other investor and I want to buy their property and they quote me an asking price, what is the process steps of getting the deal while ensuring your research is sound on the deal.

I ask because I see wholesalers looking for a close within 7 days. That's a very short time to get all your inspections and evaluations done

[Jeremy Tillotson]

@Martin Sterling your profile says you work for a rehab company. This inspection and research should be done in short order. I can tell in less than an hour if I am doing a deal. I looked at 3 homes today and gave on the spot offers, if accepted we are prepared to close as soon as title is done. Wholesalers want a real buyer not someone trying to tie up the property.