Wholesaling Cash buyers Question

Wholesaling Cash buyers Question

Louisville, KY · Member since 2019 · 16 posts · 4 votes

Would it be beneficial to already have a cash buyers list before putting a property under contract with a seller?

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Developer · Charlottesville, VA · Member since 2018 · 4k+ posts · 4k+ votes
7y

Yes you definitely want to start with buyers. Here are some of the best ways to find cash buyers is networking at local REI meetups, masterminds, Facebook groups,

Realtors, title companies, closing attorneys, property management companies, auctions, Craigslist.

You can search real estate transactions in your tax database. Look for entities and individuals that have bought multiple properties. You may need to search by the address of the buyer as they may change their name or the name of the entity on each purchase.

You can also buy lists from companies like list source and subscribe to software that will show you who the cash buyers are. You can skip trace addresses with a service like datazap and calm them up.

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  • Developer · Charlottesville, VA · Member since 2018 · 4k+ posts · 4k+ votes
    7y

    Yes you definitely want to start with buyers. Here are some of the best ways to find cash buyers is networking at local REI meetups, masterminds, Facebook groups,

    Realtors, title companies, closing attorneys, property management companies, auctions, Craigslist.

    You can search real estate transactions in your tax database. Look for entities and individuals that have bought multiple properties. You may need to search by the address of the buyer as they may change their name or the name of the entity on each purchase.

    You can also buy lists from companies like list source and subscribe to software that will show you who the cash buyers are. You can skip trace addresses with a service like datazap and calm them up.

  • Specialist · FL · Member since 2018 · 75 posts · 45 votes
    7y

    It's always good to have cash buyers before doing anything. It's like working out, you don't want to have an uneven body, right? Big upper body with skinny legs. It's good to have strong legs to support a large upper body. Same goes with having a buyers list.

    Buyers will tell you what they are looking for before you even have a property and tell you how much they would pay. If you are like me, you can have properties sold before you even have them under contract.

  • Member since 2018 · 264 posts · 61 votes
    7y

    I would start asking what your buyers want.  This way when you talk to sellers you have something in mind.

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