Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Rehabbing & House Flipping
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 4 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Lindsay Schwebke
  • Sandia Park, NM
1
Votes |
10
Posts

Final walkthrough before wholesale purchase?

Lindsay Schwebke
  • Sandia Park, NM
Posted

I'm newer to flipping and have bought 2 properties off the MLS and one from a wholesaler. I'm about to close on my second purchase from a wholesaler - like in 2 days. As a Realtor, I am used to being able to do a final walkthrough before closing. The wholesaler said the seller will surrender the key at closing - so no final walkthrough. This is a light rehab and tight budget property for me. With the crazy storms this week, and super cold temps we are not used to (0 degrees), I just want to make sure I'm not walking into frozen and leaking pipes. Is it fair for me to walkthrough a wholesale deal before final purchase?

Most Popular Reply

User Stats

535
Posts
539
Votes
Jon K.
  • Rental Property Investor
  • Perry Hall, MD
539
Votes |
535
Posts
Jon K.
  • Rental Property Investor
  • Perry Hall, MD
Replied

Forget fair, what does the purchase agreement say about it? If it allows for a final walk-through and you want one, by all means let them both know that you intend to do it. If not and you want one... ask nicely and explain your reasons!

Loading replies...