first brrrr property in Newark Nj
Hi every one here on the greatest website on earth.
I am planing to buy my first property in Newark NJ, it's an REO and i am planing to do the BRRRR strategy on it, and I'm a little bit confused so i would like to know what are the steps that i have to do what is first and what is next.
I know that i have to take a property inspection, and i am planning to take a contractor to give me a estimate on the rehab.
So whats next? when did i have to call the town or county or state inspector Before i am starting to work on it or before i am planing to put in tenants?
When am i doing the ccc inspection?
What if it has asbestos or lead paint? When did i have to check this thing's out
And what are the steps that i missed with a total rehab property what are the pitfalls?
Thank you very much for helping me out I appreciate it very much