Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Martineja Coats
  • Rental Property Investor
  • New Orleans, LA
2
Votes |
7
Posts

Wholesaling High Priced Homes

Martineja Coats
  • Rental Property Investor
  • New Orleans, LA
Posted

Hello everyone, 

I'm new to the Chicago area and have had succes with my recent marketing, email, and direct mail campaign. Alot of sellers who contact me have high priced homes ("high" is subjective I know). My worry is that I will stuggle to find buyers above 250k into 300k territory since the pool shrinks the higher you go..... I probably should simply keep pushing through but deals get more intimidating the higher you go shaking my confidence in the numbers when it comes to making offers. Any chicagoland area wholesalers or buyers who can help ease my worries? 

Most Popular Reply

User Stats

186
Posts
97
Votes
David Wright
  • Lender
  • USA
97
Votes |
186
Posts
David Wright
  • Lender
  • USA
Replied
@Martineja Coats I am not a Chicago investor however there is always a buyer for a good deal. The question you must ask yourself is how long can I or are you willing to wait it out for a cash buyer? And the other question Is: how much money do you have to market the property to cash buyers if it is going to take longer than normal to sell it? The answers to these questions will lead you to make the correct decision. I hope this helps

Loading replies...