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Rehabbing & House Flipping

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Paul Papamarkos
  • Succasunna, NJ
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104
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Pulling out of offer if my rehab numbers were off

Paul Papamarkos
  • Succasunna, NJ
Posted Nov 25 2019, 13:54

Hello BP,

This may be a rookie question however I am estimating after repair values based on pictures of several listings.

I was wondering if I place an offer prior to physically viewing the property will I be able to pull out of the deal if After physically viewing the property, I realize that the rehab cost is higher than I had originally estimated.

I would like to be able to make offers prior to viewing properties but not be stuck if my estimates are off. Any way of writing in this type of contingency that allows me to pull out?

Thank you

Paul Papamarkos

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