That way you have little to no risk because you aren't on the hook for anything until the build is complete and you've done your final walk through. 

Finally, arrange for a formal closing and record the documents with the county to make everything official. 

But the contracting businesses get 1/3 down at contract signing . 1/3 when we start on site , and final upon completion . 

You may have to pay a couple hundred $$, but it's well worth it..Bear in mind that an hour walk-though may or may not uncover everything that will be on the final Scope Of Work....so add 20% to the number that you get from the GC.You will need to do this quite a few times before you will be able to do it yourself, someone said you can after just one time, but that would be wrong.

It took me a couple of years to finally take action and start my real estate investing journey, but I continue to use BP as my #1 go-to resource.

The seller has countered with the following conditions:- Loan to value (LTV): 80%- Earnest money held by seller's recommended property management company- Final inspection within 1 day of closing- Commission paid by to buyer's agent is 2% of final sales price.I'm seeking advice on how to proceed, as I have some concerns:- Why would the seller request an 80% LTV?

Finalizing a contact this afternoon for a 2 unit in Warren, PA for $65k.

I'm glad you are finally happy. 

I would then wholesale it through a double closing from the seller to my wholesaling LLC, then have the final purchase done by my hold co.

They finally gave up and decided to rent out their home for $11,000 a month and ended up with a squitter and another article about them https://therealdeal.com/chicago/2024/09/16/homeowners-sue-pr...