What to say in a cash buyer letter

What to say in a cash buyer letter

Chapel Hill, NC · Member since 2014 · 41 posts · 15 votes

Hi everyone,

I've looked through the sticky on cash buyers in Wholesaling but wasn't able to locate an answer to this.

I've complied a list of potential cash buyers but I'm stuck on what to say to them in my initial letter. I'm sure there are a handful of "trigger points" that I need to cover to appeal to them, just like in the letter you would send out to properies (I pay cash/close fast/buy as is). I'd like to keep it short and sweet.

Any suggestions on content? Also, do yellow letters work well in this context? Do you follow up with a phone call? Thank you all so much in advance!

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  • Rental Property Investor · Mercer Island, WA · Member since 2008 · 22k+ posts · 14k+ votes
    12y

    Send them the details of a great deal you have available.

  • Chapel Hill, NC · Member since 2014 · 41 posts · 15 votes
    12y

    Oops, I just found a thread with a number of rehabbers that says mailing letters to cash buyers is a waste of time. Glad I found that out before starting!

    For anyone else interested, the forum topic is Yellow Letter Mailers to Cash Buyers (it won't let me insert the link for some reason).

  • Birmingham, AL · Member since 2012 · 27 posts · 22 votes
    12y

    This may not be your thing but placing handwritten bandit signs in the area where the house is located will have your phone ringing off the hook and a great way to add to your buyers list

    Example:

    House 4 Sale

    $25k Cash

    xxx-xxx-xxxx

    JUST MY 2 CENTS BUT THERE'S MORE THAN ONE WAY TO SKIN A MEE-YOW

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