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Those of us who are wholesaling houses know it is critical to have buyers ready to purchase your houses as soon as you get them under contract. You think you have a great deal in hand and want to wholesale the contract to a cash buyer.
The biggest challenge many wholesalers face is finding the cash buyers. So, how do you do it? Here are some suggestions.
all the 'We Buy Houses' ads in your farm area. There are many other investors looking for a good deal. You know that the people who are advertising are looking for great deals. Call all the signs, print advertisements, and online advertisements. Let them know you have a deal. When you speak with them don't talk about how pretty the house is air max 90 scontate bambino , or what it could look like after the rehab. These are investors and want they really want to know is how much is in it for them. Tell them the after repaired value, the estimated fix-up cost, and what you are asking for the house. If they say no, ask them what areas they want to buy a house in and what discount they are looking for. Then go find them a deal that meet their criteria.
ork with mortgage brokers, real estate agents, insurance agents air max 90 scontate donne , etc. Build a network and letting everyone know what you do. Let's face it, if you can refer them some business, they will want to help you out. So if you don't have a previous relationship with them, send them some business. You probably come across many sellers that you can't work with because they want retail price. Refer these sellers to the real estate agents so they can list the house. Also refer them to the mortgage broker; they will likely need a mortgage for their next purchase. Feed your network and they will feed you. That realtor or mortgage broker may work with an investor that is looking to buy more houses. You can work out how you can compensate them when one of their investor contacts buys the house you have under contract.
deal. Remember to keep it to the numbers and give out your contact information.