Finding Cash Buyers Starting out Wholesaling

Atlanta, Georgia
Wholesaling
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Finding Cash Buyers Starting out Wholesaling

Djelika Bah
Member since 2022 · 5 posts · 2 votes

Hey everyone,

I just started my RE wholesaling journey and took some time to educate myself on the space and now looking to take action. I've been using Google to try and find cash buyers. Any other suggestions on finding cash buyers? Also, would love to chat with anyone who is already in the space. 


Thanks,

Djelika

2Reply
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Bob S.
Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
3y
Quote from @Djelika Bah:

Hey everyone,

I just started my RE wholesaling journey and took some time to educate myself on the space and now looking to take action. I've been using Google to try and find cash buyers. Any other suggestions on finding cash buyers? Also, would love to chat with anyone who is already in the space. 


Thanks,

Djelika

 You are going backwards, FIND deals, buyers are the easy part,,,,,,Once you get one, just post it in the local forum it will be gone in a day, IF its good. You need to get to a local meeting, are you aware what is a good deal and how to analyze it ? I assume no, so learn what is a good deal, then go get em, All the best

Good luck 

3Reply
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  • Steven Foster Wilson
    Rental Property Investor · Columbus, OH · Member since 2017 · 3k+ posts · 3k+ votes
    3y
    Quote from @Djelika Bah:

    Hey everyone,

    I just started my RE wholesaling journey and took some time to educate myself on the space and now looking to take action. I've been using Google to try and find cash buyers. Any other suggestions on finding cash buyers? Also, would love to chat with anyone who is already in the space. 


    Thanks,

    Djelika


     When I cold call if they say no then I ask if they would like to be added to my buyers list, a lot of the time they say yes. That is how I got my first buyers starting out. 

    2Reply
  • Eliott Elias
    Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    3y

    There are softwares like prop stream and Propello, where you can see in real time who is paying cash for property significantly under market value. Make a list of those people and call them.

    2Reply
  • John Zajac
    Investor · Amarillo, TX · Member since 2022 · 37 posts · 21 votes
    3y

    @Djelika Bah Agreedment is how I find my cash buyers. They display on their website how many cash buyers are in any market nationwide. It says there are 2,205 active cash buyers in Fulton County and 992 in ATL, Georgia. Here 

    0Reply
  • Bob S.
    Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @Djelika Bah:

    Hey everyone,

    I just started my RE wholesaling journey and took some time to educate myself on the space and now looking to take action. I've been using Google to try and find cash buyers. Any other suggestions on finding cash buyers? Also, would love to chat with anyone who is already in the space. 


    Thanks,

    Djelika

     You are going backwards, FIND deals, buyers are the easy part,,,,,,Once you get one, just post it in the local forum it will be gone in a day, IF its good. You need to get to a local meeting, are you aware what is a good deal and how to analyze it ? I assume no, so learn what is a good deal, then go get em, All the best

    Good luck 

    3Reply
  • Djelika Bah
    OP
    Member since 2022 · 5 posts · 2 votes
    3y
    Quote from @Steven Foster Wilson:
    Quote from @Djelika Bah:

    Hey everyone,

    I just started my RE wholesaling journey and took some time to educate myself on the space and now looking to take action. I've been using Google to try and find cash buyers. Any other suggestions on finding cash buyers? Also, would love to chat with anyone who is already in the space. 


    Thanks,

    Djelika


     When I cold call if they say no then I ask if they would like to be added to my buyers list, a lot of the time they say yes. That is how I got my first buyers starting out. 

    Thanks Steven. 

    0Reply
  • Djelika Bah
    OP
    Member since 2022 · 5 posts · 2 votes
    3y
    Quote from @Bob S.:
    Quote from @Djelika Bah:

    Hey everyone,

    I just started my RE wholesaling journey and took some time to educate myself on the space and now looking to take action. I've been using Google to try and find cash buyers. Any other suggestions on finding cash buyers? Also, would love to chat with anyone who is already in the space. 


    Thanks,

    Djelika

     You are going backwards, FIND deals, buyers are the easy part,,,,,,Once you get one, just post it in the local forum it will be gone in a day, IF its good. You need to get to a local meeting, are you aware what is a good deal and how to analyze it ? I assume no, so learn what is a good deal, then go get em, All the best

    Good luck 


     Thanks for the feedback. Working on finding good deals as well. 

    0Reply
  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    3y
    Quote from @Djelika Bah:

    Hey everyone,

    I just started my RE wholesaling journey and took some time to educate myself on the space and now looking to take action. I've been using Google to try and find cash buyers. Any other suggestions on finding cash buyers? Also, would love to chat with anyone who is already in the space. 


    Thanks,

    Djelika

    LinkedIn
    Private Mortgage Financing Partners, LLC
    WebsiteView Page
    1Reply
  • Bob S.
    Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @Djelika Bah:
    Quote from @Bob S.:
    Quote from @Djelika Bah:

    Hey everyone,

    I just started my RE wholesaling journey and took some time to educate myself on the space and now looking to take action. I've been using Google to try and find cash buyers. Any other suggestions on finding cash buyers? Also, would love to chat with anyone who is already in the space. 


    Thanks,

    Djelika

     You are going backwards, FIND deals, buyers are the easy part,,,,,,Once you get one, just post it in the local forum it will be gone in a day, IF its good. You need to get to a local meeting, are you aware what is a good deal and how to analyze it ? I assume no, so learn what is a good deal, then go get em, All the best

    Good luck 


     Thanks for the feedback. Working on finding good deals as well. 


     that is the ONLY thing you should be doing :) 

    2Reply
  • David Ramirez
    Investor · Tampa, FL · Member since 2019 · 1k+ posts · 1k+ votes
    3y

    1) Look for recently sold flips and reach out to the sellers and ask about their experience with the flip, and whether they are interested in buying more properties.

    2) Search for recent cash sales on Propstream or Batchleads, once you've identified a list of properties, you can use skip tracing tools to find the contact information for the buyers and reach out to them directly.

    3) Networking events can be a great way to connect with potential cash buyers in your area.

    Good luck!

    2Reply
  • Ryan Burgdorfer
    Wholesaler · Eastern CT · Member since 2023 · 2 posts · 2 votes
    3y

    In addition to the great suggestions already posted, I've had some luck stopping at in-progress rehabs while I was out doing D4D and just chatting with the contractors and leaving my card.

    2Reply
  • Josh Bowser
    Real Estate Agent · Atlanta, GA · Member since 2020 · 414 posts · 233 votes
    3y

    Hey Djelika - this post is a good start! Here are a few suggestions:

    1. Look at cash sales in the last year on zillow and redfin, then skip trace the buyer

    2. Spend a few hours looking at BP posts of folks looking for wholesalers to partner with in ATL

    3. Find listings of newly rennovated properties that have clearly been flipped, then contact the RE agent

    4. Anyone that you talk to above - try to go meet them in person! 

    2Reply
  • Djelika Bah
    OP
    Member since 2022 · 5 posts · 2 votes
    3y
    Quote from @Eliott Elias:

    There are softwares like prop stream and Propello, where you can see in real time who is paying cash for property significantly under market value. Make a list of those people and call them.

     Thanks! All great feedback

    0Reply
  • Sandy Miller
    Investor · GA · Member since 2023 · 19 posts · 3 votes
    3y
    Quote from @John Zajac:

    @Djelika Bah Agreedment is how I find my cash buyers. They display on their website how many cash buyers are in any market nationwide. It says there are 2,205 active cash buyers in Fulton County and 992 in ATL, Georgia. HI. How long did it take for you to find end buyers using Agreedment? 

    0Reply
  • Sandy Miller
    Investor · GA · Member since 2023 · 19 posts · 3 votes
    3y

    @Djelika Bah--Just wondering if any of the resources shared has helped ? Any End buyers?

    0Reply
  • John Zajac
    Investor · Amarillo, TX · Member since 2022 · 37 posts · 21 votes
    3y

    @Sandy Miller Instant. I notice that they are doing preorder. I have a local early version.

    1Reply
  • Sandy Miller
    Investor · GA · Member since 2023 · 19 posts · 3 votes
    3y

    THANKS@John  

    0Reply
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