Speaking for myself, if a property is being submitted for my evaluation I need the following:
1. Why get involved with this property.
2. What are the comps (third party sources).
3. What other properties are for sale nearby.
4. What is the area like (schools, shopping centers etc.).
I need to be at least 25% or higher below FMV or I need to be able to create financing to make it feasible for my buyer to be able to make the monthly payments but buy at a higher price.
This is geared toward SFHs, however I also invest in Land and Commercial properties. My requirements are different.
Normally I do not pay a finders or referral fee, I will pay a % of net profits. I do not need a list of properties for sale. I need properties that will work for me or my investors.
Find them good deals!
Good deals are different for each investor.
Speaking for myself, if a property is being submitted for my evaluation I need the following:
1. Why get involved with this property.
2. What are the comps (third party sources).
3. What other properties are for sale nearby.
4. What is the area like (schools, shopping centers etc.).
I need to be at least 25% or higher below FMV or I need to be able to create financing to make it feasible for my buyer to be able to make the monthly payments but buy at a higher price.
This is geared toward SFHs, however I also invest in Land and Commercial properties. My requirements are different.
Normally I do not pay a finders or referral fee, I will pay a % of net profits. I do not need a list of properties for sale. I need properties that will work for me or my investors.