When to BAIL on a Deal
Okay, so you've found your market, you've identified deal sources, and you FINALLY get under contract on the property.
But during your due diligence work you get surprised by something that completely BREAKS your numbers...
But during your due diligence work you get surprised by something that completely BREAKS your numbers...
New roofFoundation overhaulCondemned propertyMajor plumbing issueElectrical rewiringZoning issue
And on and on and on the risks go.
Heck, I even had a property where we found one of the foundation piers was an old STUMP.
What do you do in this situation?
Should you just keep on grinding and make the deal work or should you cut bait and run?
At what point should you just BAIL on a deal?
Find out here! 👇🏼👇🏼👇🏼
