Inspection prior to closing wholesale deal

[Alex Montiel]

Hello,

I recently met up with a wholesaler that I connected with over BiggerPockets and I'm excited to potentially do some deals with him.  However, he pointed out to me that there is no inspection contingency in the contract, so any inspection has to be done prior to putting in an offer.  Has anyone encountered this before and, if so, how did you deal with it?  Are there investor friendly inspectors that will work with you on completing these inspections in a timely manner prior to putting in an offer?

Thanks for your help,

Alex

[Doug Vigliano]

I cannot speak to the North Texas area, but here in Orlando there are several investor-friendly inspectors that can provide a "risk assessment" which is more of structural and mechanical inspection.  This can also be a good start on repair estimates.  They charge around $225 and it is well worth it whether you are the wholesaler or buyer.