just a few hours too late....

I went looking at 6 properties today with my REA - narrowed it down to two. The first one went under contract while I was walking through it and the 2nd went under contract the night before. This seems to be a trend for me. I am thinking a new strategy is in order...

Since I am a cash buyer I am thinking to make offers on new listings without viewing the property. Of course my REA will need to contact the selling agent to get info on conditions of the property such as roof, plumbing, windows and such. I will go with the assumption that it will need 25 - 20K in rehab.

The offer will be contingent on an inspection so that I can back out if it's too much or not enough profit margin.

Anyone else out there doing it that way???? Is it required to view each home before making an offer???? Let me know your thoughts.....