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Updated over 5 years ago on . Most recent reply

User Stats

20
Posts
3
Votes
Jeremy Hysell
  • Newark, OH
3
Votes |
20
Posts

Offer Accepted... Now what?

Jeremy Hysell
  • Newark, OH
Posted
It took about 10 offers on properties before I had an offer accepted; and I had an offer accepted yesterday. I'm sure that there are a million things to do, but I don't have a playbook on what's next. I need help. :) Facts: 1. The house is a small residential property 2. I am financing via a conventional loan 3. Property inspection in scheduled for Friday 4. Mortgage Loan Officer meeting is later today Thanks for any advice on what I need to do next and how to prioritize the hundreds of small tasks running through my mind.

Most Popular Reply

User Stats

462
Posts
365
Votes
Jon Reed
  • Rental Property Investor
  • Springfield, MO
365
Votes |
462
Posts
Jon Reed
  • Rental Property Investor
  • Springfield, MO
Replied

Congrats on getting the house under contract!

@Jeremy Hysell Is this your first property? Is it a buy and hold, flip, brrr, etc.? Have you done the background work already for your investing company?

  • Created LLC
  • Created Lease
  • Purchased umbrella insurance policy
  • Line out contractors for any renovation work

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