A Different Kind Of Success Story.Due Dilligence

2 Replies

This success story is not about buying my first property it is about research on it that that saved me a lot of trouble and money.
I tracked down the previous buyer he told me he put $10,000 in the house but a federal agency told him he couldnt use the rest of the land.(Can anybody guess why?).So he just walked away .So for a education I called the following
A)US Army Corps Of Engineers
B) State and county agencies
C)Real Estate Lawyer
What a education I recieved and it was all free!!!!!
My emotions ran wild when I first saw the property the owner said I could use all the acreage,I was just real glad I did my research. So I guess the point of this is to always do your own research no matter what your told.Now on to a question.
Im going into the VA hospital to have both knees operated on.While Im laid up I have read about virtual wholesaling . Has anybody done this is it possible to buy and sell real estate just by your computer?Any suggestions on how to get started.?
Any way Have a Great Day
Tim
This is a really cool site :D

The best deal is often the one you didn't do.

Virtual wholesaling is possible, but successfully completing a deal much less likely than conventional wholesaling. However, the advances in on line data is making it easier to evaluate property without physically being there.

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