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Minneapolis Real Estate Forum

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Cha Yang
  • Investor
  • St. Paul, MN
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Very first flip, how to structure offer

Cha Yang
  • Investor
  • St. Paul, MN
Posted May 21 2016, 21:45

I am a relatively new investor. Started in multifamily buy and holds in 2014. Decided this year to do my first flip. I found a deal that I want to put an offer on, but how do I structure the offer? For me I would be offering all cash and 7-14 day close, but how do I protect myself in the offer? Do I put inspections or any other contingencies? What is the typical structure of a flip offer in the minneapolis market? Any insight would help. Thanks.

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