Key elements include paperwork, third-party inspections, and critical dates for due diligence and closing.

Make sure to inspect all the major systems thoroughly (HVAC, plumbing, foundations, roof, electrical) and make sure you know what they look like today.

Biggest key is to make sure you have the right teams in place and boots on the ground to help you manage / inspect / repair the property.

We're finalizing the acquisition of our first duplex and just had our inspection.

Then you can run your numbers, check insurance, cap ex, special assessments, and get inspections.

Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

I learned that she was most motivated by selling and moving quickly, so I offered $65,000 less than asking, but with no inspection and no contingencies.

So if I pull permits and my work passes inspection, is there going to be an issue I’m not aware of?

I learned that she was most motivated by selling and moving quickly, so I offered $65,000 less than asking, but with no inspection and no contingencies.

The new boiler, all associated work, and extra items were around 7500 including permits and inspection.