Due diligence Option period Pre-approval Renovation 
Redfin
JUNE 21, 2023
From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. Let’s get started! Don’t forget about taxes Yes, taxes are a significant component of real estate investing.
HomeLight
MARCH 13, 2023
Speed: One of the biggest benefits is a fast sale, as cash buyers are able to close the transaction quickly without the delays often associated with traditional home sales, such as waiting for financing approval or appraisal. The buyer does due diligence during the option period in California, which is typically one to 10 days.
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HomeLight
MARCH 13, 2023
With the strong Florida sun shortening the lifespan of roofs and air conditioning systems, costly renovations may be necessary. Most sellers approach Joseph because their home did not sell after several months on the open market due to outdated decor, major structural issues, or fire damage. For a rental, not as much,” explains Joseph.
HomeLight
MARCH 13, 2023
Certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few, if any, contingencies. No pre-qualifying for a loan. Drive around your neighborhood to find homes being renovated. Be on the lookout for vacant homes in your development that are undergoing renovations.
HomeLight
MARCH 16, 2023
They sign the lease just a couple of weeks after the home is renovated and ready for occupancy. He routinely works with multiple crews of contractors so he completes renovations at a lower cost and with fewer headaches than most homeowners. The buyer does due diligence during the option period in Texas.
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