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Tax, SDIRAs & Cost Segregation

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Joshua Aycock
Pro Member
  • Investor
  • Stillwater, MN
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18
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Off-Market Deal...Do I need my Agent or a Real Estate Attorney?

Joshua Aycock
Pro Member
  • Investor
  • Stillwater, MN
Posted Jul 26 2022, 13:22

Hi all,

I am currently in a BRRRR and thinking about the next deal. I'm targeting a property currently off-market, and wondering what kinds of ducks I need to line up to make it happen.

I'm planning on approaching the current owner with a seller-financing offer. I purchased my first deal using my real estate agent, but am curious how that process differs for an off-market deal.

Do I still need to use my agent as my representative? 

Do I need to secure a real estate attorney? 

How do off-market deals settle? 

If I write a seller-financing contract, what would you recommend I include in it, outside standard contingencies/options/etc.?

Thanks, all!

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