Buying a multifamily unit directly from owner without broker
I having been looking at a 2 flat that the current owner wants to sell directly to me. Unfortunately, I am a relatively new investor and have absolutely no experience in the process of direct sale that I would be financing. I had representation from an agent in previous deals. I could use some incite on the whole process of direct purchase without broker representation. Do i just need to get a real estate lawyer to represent me?
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@Kwame Banahene I think you need to look at your own limitations here and realize that you're new to this game and that paying a lawyer or a REALTOR here could save you tons of money in the long run. I think the direct purchase route is fraught with financial peril, but perhaps if you had a guide you could avoid the pitfalls. I would suggest contacting your local bar association for recommendations from the Real Estate Bar section. You can usually find it by searching [County] Bar Association in google and giving them a call. They live to refer attorneys to people like yourself.
Good luck with this transaction and I hope it's a great step in your long term goals.