How to find serious cash buyers

How to find serious cash buyers

Real Estate Investor · Philadelphia , PA · Member since 2014 · 87 posts · 9 votes

I have a question what steps should you take to identify serous cash buyers? How can you prove that someone is a serious buyer?

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  • MIAMI, FL · Member since 2014 · 43 posts · 7 votes
    11y

    your local real estate investment club usually have reputable buyers and u can also put a for sale sign on the property you're trying to sell with your number so buyers will call you

  • Chris K.Pro Member
    Investor · Baltimore, MD · Member since 2012 · 1k+ posts · 655 votes
    11y

    Ask them for proof of funds.

  • Investor · Baltimore, MD · Member since 2014 · 1k+ posts · 688 votes
    11y
    They give you a deposit.
  • Real Estate Investor · Philadelphia , PA · Member since 2014 · 87 posts · 9 votes
    11y

    Thanks everyone !

  • J ScottPro Member
    Moderator
    Investor · Sarasota, FL · Member since 2008 · 17k+ posts · 17k+ votes
    11y

    Until you have a deal to present to them, there is no way to know (I wouldn't show you proof of funds or give you a deposit if you didn't have a specific deal I was interested in).  The best you can do is go on reputation...

    Now, once you have a deal they are interested in, then you can ask for POF or a deposit...

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