Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago,

User Stats

33
Posts
7
Votes
Tim Mensch
  • Real Estate Agent
  • Fairless Hills, PA
7
Votes |
33
Posts

First Off-market purchase

Tim Mensch
  • Real Estate Agent
  • Fairless Hills, PA
Posted

I am about to go to my first appointment for an off market purchase on a flip.  I was wondering if anyone had a forum post about the steps on an off-market deal?  I understand that I need to see the property, have a full grasp on comps, and know my repair costs.  My concern is the process investors use to get information on the owner.  Do you come right out and ask what they owe on the property and any other liens and get proof from the owner?  Do you pay a title company to search all of these details?  I assume that most people skip the inspection process with properties that need a complete gut.   This would be a cash deal so appraisal is not necessary.  Always wondered if there were scripts out there to help with the nerves aspect.  Any help is greatly appreciated.

Loading replies...