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All Forum Posts by: Kiryl Ulanovich

Kiryl Ulanovich has started 2 posts and replied 2 times.

What is the order of events that I have to do as a flipper with the participation of wholesaler and hard money lender? And is what I wrote down below right or not?

  1. 1. Get Pre-Approval from Hard Money Lender.
  2. 2. Find a deal through wholesaler (in this case)
  3. 3. Perform a home inspection
  4. 4. Sign an Assignment of Contract:

      Check the terms of the contract.

      Make an Earnest Money Deposit.

  1. 5. Get final approval from Hard Money Lender.
  2. 6. Do a title search with title company
  3. 7. Close the deal through title company.

Is that right?

as a flipper, with the participation of a wholesaler and a hard money lender, what actions should I take BEFORE I close and buy a house (tell me step by step please because i dont really understand the sequence of events) and also please tell me when to do due diligence to make sure how much does it cost to renovate the house and is it worth buying this house?