This week’s question comes from Aaron on the Real Estate Rookie Facebook Group. Aaron is asking: What paperwork do I need to close an off-market deal? If presenting a cash offer, can it all be done between me and the seller? Do you typically ask for an inspection period?
While you’ll have to do a bit of the upfront legwork that a real estate agent would normally do, closing on an off-market real estate deal only requires a few more steps than buying an on-market property. Things like finding a local real estate attorney, escrow company, or title company can be all you need to lock down the deal, but you’ll need to make sure all the documentation is done correctly!
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Question of the Episode 👇 https://www.facebook.com/groups/realestaterookie/permalink/458545105192516/
6 Insider Hacks for Finding Profitable Off-Market Real Estate Deals:
The Letter of Intent Explained:
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Show notes at: https://www.biggerpockets.com/blog/rookie-186?utm_source=youtube&utm_medium=description&utm_campaign=none
01:28 Insights Into Syndication
03:29 Listener Question – What paperwork do you need to close on an off-market deal?