I did a post recently for another site that was actually a case study of “How to really screw up on your first deal and come out OK in the end”.
I was acquainted with this couple, but didn’t really know them that well. They were brand new and had recently bought their first deal which was a package of 3 houses. Unfortunately, they and had just been smacked in the face with the realization that they failed to do proper due diligence. Actually, they didn’t do any due diligence. The were pretty desperate when I talked with them.
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