When looking into it you must do your due diligence to see the trend of jobs 5 years out .

I also like to see some type of relevant stress tests on the deal as well that provides a few if/then scenarios as the performance is not likely to hit on all estimated metrics throughout the hold period.As always, there are many other areas that you can investigate in your due diligence process, but you can feel confident with just the items above if you’ve done all the work up to this point.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

like days for due diligence and ect and within that time the wholesaler should done a walk through and after that's done how long do you get to find a  cash buyer??

During the due diligence I negotiated the price down $15k.

A number of years ago, after diligently watching the real estate market, I was fortunate enough to purchase an apartment that I could rent out.My unit is not new, it is dated, but I keep it nice.

If you're a beginner the book Bulletproof Title Due Diligence by Alex Goldovsky is a great book to read as it discusses how to utilize title reports to do a thorough evaluation of a note or pool of notes.

@Eric Schwake I have also looked into that, spoke with Corey I guess he was there point man for this.He was able to answer all my question and I decided to check this further and he forwarded me an available note.Looks good on paper, no hassle and get 8% return.So I asked him few more question on property and repair mentioned and other paper he provided, he answered few and when i start digging more on how the cost was concluded he mentioned note is SOLD now.Not saying it was but seems odd to me, he has not forwarded any note to me after that.Do your due diligence ,Now that i know more overall its very easy to inflate the price based .

Assume this is during the due diligence portion, once you are under contract on the property?

Also closing in this state is a bit different (than I’m used to at least)...the seller isn’t required to disclose nearly anything, there is a non refundable due diligence fee that is in essence liquidated damages for keeping the property off market (normally equates to about 1% of asking price but in the current market this number is increasing with specificity) and there are more fsbo than ive ever seen in any other market.