Three levels deep, starts by asking questions about where they are in their investing. Usually when I talk to someone I can tell, but there are some that hide their true level of understanding. I encourage open lines of communication with me so they feel commfortable to ask what they may feel is a dumb question. When buying property is where the conversation can go in different directions.
Things to think about:
1. How to purchase the property- basic purchase and sale agreement, seller finance offer, lease options, or a combination of the two or three.
2. The Money- Having some money, no money, or having all the money neccessary to move forward in any of the purchase option stated above.
3. Credit- Personal credit, other peoples credit, or not based on credit.
4. Experience vs no experience with investing
5. Types of property
6. Terms I can offer and Proof of Funds