Initial outreach call from FSBO list
Hello,
I'm trying to get started in real estate. I have a list of prospective leads that I gathered from Facebook listings in my general area. I'm trying to understand how to make contact with these leads honestly, legally, and productively. I have also taken part on my local REIA semi-frequently and by way of the REIA, I have connected with about 3 other investors who have told me that I might be able to JV a deal with them and that they would be able to help me access lenders/funding if I can get the wheels turning on a good deal.
Would love some help answering any or all of the following questions:
* When I call leads, do I tell them that I "have access to funds to buy their house?" (I'm trying to find the words)
* Do I need to have money/lenders/plans ready to go on the first call/contact I make with a home owner? Or do I have time to process their information with another investor I'm JV'ing with? And if I do have time: how much time, roughly?
* If the deal doesn't look profitable to me/us both, should I contact the homeowner again afterward to say that we don't have a solution for them?
CA