Driving for dollars and making offers
So I have a couple questions when it comes making offers on properties that I find that are distressed.
I am interested in properties that would work for the BRRR model mostly but wouldn't be apposed to a fix n flip
So I have found some properties in my area that are distressed by driving for dollars around town.
I am currently located in Nashville, Tennessee so I know there is alot of advertising for companies to buy your house and I need to stand out.
How would you go about contacting these owners and making them an offer. I know I could just knock on the door and ask but I think the best way would be to put a letter in the mailbox.
1. What are some things guys would include in the letter?
2. If I do get someone to reply to my letter and they are interested doing a deal do I have to have an agent lined up to write up a contract for me?
3. Should I have financing already lined up for a deal if someone does want to accept my offer?
4. I know this probably won't happen lol but if I do find multiple deals that will work but can not fund them what would you guys do? I know you could wholesale these properties but have no experience with that.