I recently started marketing to several homes in my local area to start my wholesale real estate business. I am 18 years old and the only part of the process I'm worried about is proving to sellers that I can actually buy their house. Most sellers I would think, would be very weary about selling their house to an 18 year old. If they want me to provide proof of funds what do I say? Other trust factor questions like this worry me. Proving that an 18 year old has over 100k in the bank is rather unbelievable. I appreciate any tips or guidance thankyou.
In most cases you are not buying their home. The end buyer is the one with the money. You are a real estate investor and work with partners that are real estate investors.
You write well so you probably speak well. Present yourself professionally. Form a company a S Corp is super cheap and create a free website on wix to add credibility. If this doesn’t get you a deal then joint venture with an experienced wholesaler in your area. Offer that wholesaler tons of value by either making tons of calls, door knocking, doing things they don’t want to do etc. then build yourself up on the coat tails of that more experienced wholesaler.