Updated over 7 years ago on .
Placing on contract before or after acquiring funds
Hello,
I’m curious because I have heard of doing it two ways. Should I be trying to acquire properties using an agreement of sale and then doing my do Diligence, I.e, inspections, funding, etc. or lining up funds first.
Background: I’m looking for a multi property, I found what seems to be a deal that makes sense. Seller requires house to be on contract before we can even look at it. So that’s left my team and I trying to line up bank financing on this deal asap. What are you thoughts? Do most sellers accept agreements of sales ?