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Updated almost 12 years ago,
due diligence
Hey everybody,
I'm new to investing, I've been trying to snag my first wholesale for months now. No luck, did the direct mail campaign thing, a lot of responses, no deals. I'm racking my brain, to try and figure out if I'm spending too much time on due diligence. First off, is it really customary for a wholesaler to do deep due diligence work, such as liens and back taxes, mortgages, everything? Or is that something that is the end buyers responsibility? I feel like I should do some, but I also feel like I'm stressing out about it too much. I'm new and trying to streamline things so if anybody could tell me, in general, my responsibilities so I can streamline things that would be very helpful.
Thanks!