I found an off market deal with direct marketing, now what?

[Michael Stumpf]

Hi bigger pockets family, I have been sending out mailers lately expressing my interest in certain properties in charlotte Nc. I wanted to run this by the site to make sure what I think I should do once I find a willing seller is actually what i should do (without a real estate agent by the way): 1) Send mailer 2) seller responds, we meet 3) I view the property, we agree to a price...due diligence etc verbally 4) I meet with my closing attorney to structure the deal and send the signed contract over, seller signs... we are under contract. 5) I do my due diligence: inspections, get funds ready etc. 6) closing attorney closes the deal - money transferred deed transferred 7) the end? Am I missing something huge here? (there is certainly more to each step) but is this the general idea? Thanks for your time, Michael

[Mark Gallagher]

@Michael Stumpf

Yes, this is a bird's eye view. I would only add that people responding to direct mail typically aren't looking to have you do tons of inspections. They want to sell it as-is. If you're uncomfortable purchasing as-is, you could tell them you want to have an inspection, but you're not planning on asking for repairs, you just want it for your file.