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Updated over 7 years ago,
Order of Typical Wholesale Transaction
To this point I have followed this typical pattern of getting my deals closed once I have a seller:
1. Make a verbal offer.
2. Evaluate the home.
3. Write the contract.
4. Renegotiate the price if needed based on potential assignee inspection findings.
... to assignment/closing we go.
But I have started to think that the better method may be to:
1. Email or mail a contract as the offer.
2. Evaluate/inspect the property after having the contract.
3. If needed, renegotiate terms/price based on inspection findings that the potential assignee provides.
... to assignment/closing we will go.
What say you biggerpockets world? Is there a prefered order in wholesaling?