Trouble to decide how to best approach submitting offers in another state
We are having trouble trying to decide how to best approach submitting offers for wholesale deals in another state.
Option #1: find a home with potential, have our contractor and agent go look at it, have the contractor send us a repair estimate, run our numbers, submit an offer and wait to hear back (problems we thought of with this - wasted time of ours, the contractor, and the agent for an offer we don't know if it'll get accepted, putting in lots of offers with chance of little or no response)
Option #2: find a home with potential, submit an offer, if it gets accepted have our contractor look at it and send us a repair estimate to factor into our numbers, decide whether or not to continue with the contract (problems we thought of with this - not submitting an accurate offer for what our end buyer is willing to pay, repairs being more that we're willing to pay and having to back out of contract)
We are having trouble trying to decide how to best approach submitting offers for wholesale deals in another state.
Option #1: find a home with potential, have our contractor and agent go look at it, have the contractor send us a repair estimate, run our numbers, submit an offer and wait to hear back (problems we thought of with this - wasted time of ours, the contractor, and the agent for an offer we don't know if it'll get accepted, putting in lots of offers with chance of little or no response)
Option #2: find a home with potential, submit an offer, if it gets accepted have our contractor look at it and send us a repair estimate to factor into our numbers, decide whether or not to continue with the contract (problems we thought of with this - not submitting an accurate offer for what our end buyer is willing to pay, repairs being more that we're willing to pay and having to back out of contract)
Thanks
Kelly & Jason