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Updated about 1 month ago on . Most recent reply

User Stats

53
Posts
27
Votes
Daniel M.
  • Investor
  • Brooklyn, NY
27
Votes |
53
Posts

Locking Up a Property Sight Unseen—Need Advice

Daniel M.
  • Investor
  • Brooklyn, NY
Posted

I’m looking at a property that checks all the boxes—good numbers and fits my buy box—but I haven’t seen it in person. I’ve visited every other property I’ve considered in the past, so this is uncharted territory for me, and it feels a little out of my comfort zone.

I’m considering putting it under contract sight unseen to lock it up, but I don’t want to make a rookie mistake here.

I'm looking for some advice here. Do you rely on inspections, local contractors, the agent, or property managers to get eyes on it?

I feel like there’s a balance between being decisive and being reckless, and I’d love to hear how you guys approach this. Any tips, warnings, or real-life lessons are welcome!

Most Popular Reply

User Stats

5,065
Posts
4,039
Votes
Nicholas L.
#4 Real Estate Deal Analysis & Advice Contributor
  • Flipper/Rehabber
  • Pittsburgh
4,039
Votes |
5,065
Posts
Nicholas L.
#4 Real Estate Deal Analysis & Advice Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Daniel M.

if it's your 101st property and it's the same as the first 100 - sure.

if it's your first - no.

  • Nicholas L.
  • Loading replies...