In desperate need of advise on my first deal!!

In desperate need of advise on my first deal!!

New to Real Estate · Livonia, MI · Member since 2020 · 6 posts · 4 votes

I got my first property under contract yesterday in Brockway, PA. However, I'm located in Metro Detroit, MI. I'm so happy and excited that I actually got a property under contract, but I'm kind of scrambling on how to find a buyer. If anyone has any tips on what I should do next or to find a buyer I would GREATLY appreciate it!!

Jen

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  • Real Estate Agent · Sandwich, MA · Member since 2014 · 974 posts · 636 votes
    6y

    @Jen Jaynes 

    So you're trying to wholesale it? If so, try to contact the leader of a local REIA and see if they can connect you to potential buyers. Also, post the deal in the marketplace here on BP.

  • Rental Property Investor · Colorado Springs, CO · Member since 2018 · 682 posts · 729 votes
    6y
    Originally posted by @Jen Jaynes:

    I got my first property under contract yesterday in Brockway, PA. However, I'm located in Metro Detroit, MI. I'm so happy and excited that I actually got a property under contract, but I'm kind of scrambling on how to find a buyer. If anyone has any tips on what I should do next or to find a buyer I would GREATLY appreciate it!!

    Jen

    Post it on Craigslist, call everyone you know in the investment world and see if anyone they know is buying there, (if you have Prop Stream or a similar software) look for recent cash sales in the area (non owner occupied) and call the buyers to see if they are still buying. Go on FB and join wholesaling groups, many of them will have posts where people sent their deal out and cash buyers gave their contact info & you can typically post your deal. 

    Aside from that, do you have cash buyers for that market already?

    Worst case scenario, you could probably partner with a wholesaler there on it. 

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