Download BP’s newest book here some good due diligence in Chapter 10.

Download BP’s newest book here some good due diligence in Chapter 10.

Download BP’s newest book here some good due diligence in Chapter 10.

I will do more investigation and due diligence and return with more info. 

Remember to do your due diligence when purchasing a SFR to flip or anything else for that matter. 

If the person applies and we are at a point of doing background checks, we will then do our due diligence for determining if it is a valid request or not. 

So Mary opens escrow, and upon Enrique (a transactional funding lender) doing due his diligence, Enrique will fund Mary's purchase of the property including closing costs.Transactional funding has also been used lately for longer term deals, in which the end buyer is financing their transaction.

Compared to SFR, cash on cash yields aren't as high, but appreciation potential is significantly higher, and I don't have to spend much time on it aside from due diligence on the property and reading/agreeing to the terms of the private placement memorandums and operating agreements.    

@Elizabeth Colegrove so after the contract is prepared to be assigned, will I have to have the seller put a lock box on the property so I can allow the end buyer to perform his due diligence?

Contingencies do weaken offers, but their purpose is to provide a safety net for what you might discover in due diligence.