Friday, November 22, 2024

How to Buy from Quick Turn Properties

 


How to Buy from Quick Turn Properties: Your Step-by-Step Guide to Access Exclusive Off-Market Deals

At Quick Turn Properties, we believe in making real estate investment accessible, straightforward, and fast. Our off-market deals are in high demand and move quickly, so you’ll need to stay sharp to snag the next opportunity. Whether you’re a seasoned investor or just getting started, this guide will walk you through each step of purchasing from us and help you get your hands on great properties with minimal hassle.

Step 1: Keep an Eye on Your Inbox

The first step to purchasing from Quick Turn Properties is staying on top of your email. We send out exclusive offers when we have new properties available, but here’s the catch: our deals are HOT, and they don’t last long! As soon as you get that email, don’t wait too long to take action. The best deals are often snatched up quickly, so being quick on the draw can make all the difference.

Step 2: Do Your Due Diligence Upfront

Before you make any decisions, it’s crucial to perform your due diligence. This means running the numbers, analyzing the property, and ensuring it aligns with your investment goals. At Quick Turn Properties, we believe in transparency, and that’s why we do our inspections upfront. Once a property is under contract, it’s sold as-is, so it’s important to know exactly what you’re getting into. Make sure you're confident in the property before moving forward!

Step 3: Request a Showing

Now that you’ve done your research, it’s time to request a showing. We always encourage investors to visit the property in person, especially with homes, to ensure you’re comfortable with its as-is condition. For land deals, it’s a good idea to drive by the property and inspect the surrounding area. This step ensures there are no surprises and you’re 100% confident in your purchase. After all, seeing is believing!

Step 4: Submit Your Offer

Once you’ve checked out the property and are ready to move forward, it’s time to submit your offer. Keep in mind that all of our deals are cash only—whether you’re using your own funds or working with a hard money lender, conventional bank financing isn’t an option. This keeps the process quick and streamlined. When you’re ready, make your offer and let’s see if we can strike a deal!

Step 5: What’s the Deal with Assignments?

At Quick Turn Properties, we sell deals through assignment contracts. Here’s how it works: We enter into a contract with the seller to purchase the property at a set price by a specific date. This contract is assignable, meaning we can transfer our position as the buyer to you for a fee. If your offer is accepted, you’ll step into our shoes as the buyer. The price you see includes our assignment fee—no surprises!

Step 6: Lock It Up with the Assignment Contract and Deposit

Once your offer is accepted, we’ll send over the assignment contract for you to sign. After signing, you’ll need to make a deposit with our title company to lock in the property. The deposit and signed assignment secure your place in the deal. From there, you’re one step closer to owning the property and taking action on your investment.

Step 7: Title Search—Ensuring a Clean Property

While we wait for closing, our title company will conduct a title search to ensure the property is clean—free from liens, violations, or unresolved permits. If any issues arise, the seller will work to clear them up unless otherwise stated. The best part? If any issues can’t be resolved, you’ll get your deposit back in full. That’s right—no risk, just reward!

Step 8: Closing Day – Time to Celebrate!

Once the title company gives the green light, it’s time to close the deal and take ownership of the property. Whether you're planning to flip, rent, or develop the land, you're ready to take the next steps and dive into your project. Congratulations, you’ve successfully purchased your next investment!

Step 9: Don’t Miss Out!

Now that you know the steps, make sure you’re prepared to move quickly when the next deal lands in your inbox. With Quick Turn Properties, you're always just one deal away from your next success. Stay sharp, act fast, and remember: our off-market deals move quickly, so be ready to jump in at any moment!