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Updated about 11 years ago on . Most recent reply
PLEASE HELP! A DEAL IS ON THE LINE!!
Hi, here's the situation.
I'm working on my first wholesaling deal.
I found a motivated seller today, and ran the comps.
I haven't seen the property yet. My partner says at this point we should run the comps, get an estimate, and email the seller an intent to buy, and see if he accepts. If so, then we'll make an appointment to see the property, make the final estimates, and then modify our final offer and try getting it under contract.
I think in a case like this, with a motivated seller we should see the property first, then make an offer.
What's the correct procedure?
Any help would be greatly appreciated.