Frequently Asked Questions (FAQ)
How do I buy a property from Investor Special Deals
Connect with us and let Investor Special Deals know you are interested. We will be able to answer any of your questions and walk you through the process, from there we will send you a contract to be electronically signed via email. Once under contract you will be able to do your due diligence and determine if the property will work for your particular investment needs.
Can I use traditional bank financing to buy a wholesale property ?
No. Banks are often unreliable and can take more than 30 days to close, and transactions for wholesale properties require a closing time that is much faster than that.
Banks often require contingencies that the property is repaired before they will do a loan; this is not possible for wholesale properties since they usually need rehab.
What are wholesale properties?
OWholesale properties are often distressed properties, with either a physical condition or ownership discomfort. You usually find these properties off market and not typically on the MLS.
What is a distressed property?
A distressed property is typically sold under fair market value. Most distressed properties need some type of repair but might also need to be sold fast due to the seller facing a situation such as a foreclosure or a divorce, and they are willing to accept a discount.
Traditional financing is typically a bad fit for distressed sales due to the speed at which the seller is interested in selling and the condition of the property.
How much of a discount can be expected when purchasing a wholesale property?
Investor Special Deals understands that the investment property market often fluctuates, we strive to provide the best possible discount at the time.
Our goal is to provide properties at a price point that our clients will be financially successful. The discounts that we offer are dependent on the property, location, and the current market but can range anywhere from 10% to 50%.
Can I negotiate the price on a wholesale property?
We offer good deals and prices from the beginning. Our team has an extensive experience experience in real estate. When we put a property under contract, we negotiate for the lowest feasible price upfront, meaning that often there isn’t any room for negotiation.
Our set-price model means you to avoid wasting countless hours visiting houses and writing contracts that will never get accepted at your asking price in a competitive market.
Our fees are non-negotiable. Our compensation is set in accordance to the amount of work and effort that was used to obtain the opportunity for you.
How are the properties on InvestorSpecialDeals.com different from properties on the MLS?
Most properties you’ll find on InvestorSpecialDeals.com are ones that the average real estate agent would not list – fixer uppers, occupied rental properties, and other distressed properties. Our properties a exclusive and usually not listed on MLS so our buyers do not have to participate in bidding wars over a discounted property, that usually the case with properties listed on MLS
How do I make an offer on a property?
Email or call us about the property you are interested in and someone from our team will be able to assist you with showings and any additional information. Let us know that you are ready to commit, and we will prepare the assignment of contract for you to sign digitally.