cash buyers for wholesaling
If we are able to get a property under contract what is the best way to find cash buyers. Should we use Facebook groups or some other method of networking
#2 Starting Out Contributor
- Specialist
- Mendham, NJ
Facebook groups are a treasure trove of fake money and fake wholesalers so you will just find rabbit holes to waste your time there. Why are you wholesaling if you don't know how to dispo a property? You will end up losing the deal.
You need about six months of networking and active deal flow to create a potential buyer's list and email distribution.
However, if the deal is really good (very unlikely in New Jersey), it is true that you can find a buyer. You should be at 2-4 meetups a month to make the connections.
How are you doing your repair costs and ARV valuation if you aren't sure how to dispo?
We have no started yet. We are still trying to educate ourselves beforehand. What is the best way to find and get in contact with cash buyers to create a list?
