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Updated over 8 years ago on . Most recent reply
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Inspection Advice for New Wholesalers
In the process of learning as much as I can about wholesaling before my first deal, I've researched the est. for inspections and found that they can be a little costly. Of course, the value they provide can be great for buy and hold, rehabbing, etc. However, is there any advice for wholesalers. At an estimated $400-$500 a pop, this can be a chunk out of the assignment fee or expense in the regards of a double close.
I know some wholesalers do their own inspections but do investors typically rely on the confidence of a wholesalers inspection, or is it required to get a professional's point of view.
Most Popular Reply
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Sound advice! I'm still confused on the whole process of an "inspection." Is it custom to bring in an inspection agent and then a contractor, can you simply have a contractor do a walk through with you and inspect, or do you typically perform an inspection yourself and bring in the contractor afterwards to estimate repairs?