Posts

What Is THOROUGH Due Diligence?

frank_pat profile photo
  • Sunday, March 06, 2005 @ 02:16 AM EST
  • 4 Comments
and what are the steps? if you have walked through all of your due diligence and are trying to decide on a property then what is defined as a good deal? thanks all
  • (4) Comments
  • Score(0)

Comments(0)

  • ray_higdon
    ray_higdon5th March, 2005
    0
    Reply

    This is a pretty big question. Are you looking to flip, hold long term and rent, rehab and sell?
    [addsig]

  • frank_pat
    frank_pat5th March, 2005
    0
    Reply

    interested in wholesaling a deal for starters

    thanks Ray

  • ray_higdon
    ray_higdon5th March, 2005
    0
    Reply

    For wholesaling then a good deal would be something that you can sell with some left on the table, example: getting something that has a market value worth 100k for 80k and yuo selling for 82-85k might be a good deal depending on your market
    [addsig]

  • frank_pat
    frank_pat5th March, 2005
    0
    Reply

    thanks Ray...

    if after i check on the prop doing my homework on it what kind of background am i specifically looking besides comps, liens, mortgage info and title info?

    anything else?

Please Sign In to Comment.