According to my understanding, lender will cover 100% rehab, so we just need closing costs (fees, inspection, appraisal, down payment etc).I am local to the deal.

If you’re still in the inspection phase I’d recommend getting an estimate before you’re locked in with your deposit if you still can.

An inspection has to be done, title has to be run, the buyer might want to go look at the property, the buyer might need to get his contractor into the house etc.

Don't assume Norada or the Offerer will do the due diligence, nor they would stay on top of items to be taken care of after the inspection.

Don't assume Norada or the Offerer will do the due diligence, nor they would stay on top of items to be taken care of after the inspection.

Location: Mid-SouthClass: CUnits: 20 Office units; 200-400 sqft Building Interior Space: 6,600 sqftTenant Mix: Consultants, Counselors, CPAs, Lawyer, RE AgentOccupancy: 85%Characteristics: Slab, Metal siding, concrete parking lot, 2 floors, 3/4 renovatedCapEx: Roof 3 years, 2/4 HVACs replaced, no major upfront fixes based on inspection reportCity Population: 16k County Population: 86k; average 0.93% annual growth over the last 10 yearsCounty Unemployment Rate: 2.3%Job Growth: Not able to find current Data, can’t verify how Covid affected.

Find the deal and then find out what is wrong with it through inspection.

@Brenda Akinyi I bought a property in July that the inspection turned up fire damage under the eaves of both buildings.

My question - if I put in offers on say 5 of them at the same time, but honestly I only want to procure 3 (based on my financial feasibility), and if all 5 offers are accepted, how do I get out of the other 2 (before spending on inspection to back out)???

After walking the units and giving a halfhearted visual inspection I made an offer on the spot.