#AskBP 070: Can I Make an Offer Sight Unseen?

by | BiggerPockets.com

In today’s hot market, it can be difficult to view a property before it goes under contract. On this episode of the #AskBP Podcast, Mindy Jensen discusses waiting to view a property, and what an inspection contingency is really for.

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About Author

Brandon Turner

Brandon Turner (G+ | Twitter) spends a lot of time on BiggerPockets.com. Like... seriously... a lot. Oh, and he is also an active real estate investor, entrepreneur, traveler, third-person speaker, husband, and author of "The Book on Investing in Real Estate with No (and Low) Money Down", and "The Book on Rental Property Investing" which you should probably read if you want to do more deals.


  1. Andy Gross

    Just listened to this one, and one additional thing to consider is your reputation. If you make an offer sight-unseen, and then back out using your inspection contingency, you’re going to get a reputation. Eventually, your agent is going to stop writing offers for you and sellers might start taking lower offers instead of yours because they know you aren’t going to close.

    • Mindy Jensen

      Thanks, Andy.
      I’m actually showing a property tonight to a client who is potentially going to benefit from an investor who did just this. Made a bunch of offers, tied up the properties, then came to town, “inspected” them and dropped the offers he didn’t want to choose the one he liked best.

      While it is working out for my retail client, it was a less-than-ethical way for the investor to behave.

  2. don alberts

    Mindy, just listened to your views on the best configuration of multifamily property investing. I want to thank you for the insight of the less problems with smaller units vs larger units from vacancy to back ground checks. Thanks and I appreciate all your sharing. Have a wonderful day. Don

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