Cash buyers for deal

Cash buyers for deal

Member since 2026 · 1 post · 0 votes

Hello, I'm new to wholesaling and I have a deal out in Detroit looking to connect with buyers I need one by the end of the month. What is the best method to finding cash buyers?

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  • Wholesaler · Charleston WV · Member since 2026 · 275 posts · 152 votes
    3w

    Hey, I'd be happy to take a look! If you already have the house under contract, I can review the numbers and see if I can help you on the dispo side. I work with buyers in different markets, so if it's a solid deal, there's a good chance we can help get it moved. Feel free to send me the details!

  • Diana KhanPro Member
    Attorney · 10451 Mill Run Cir #755 Owings Mills, MD 21117 · Member since 2024 · 806 posts · 291 votes
    3w
    Quote from @Tamia Mitchell:

    Hello, I'm new to wholesaling and I have a deal out in Detroit looking to connect with buyers I need one by the end of the month. What is the best method to finding cash buyers?

    @Tamia Mitchell, since you're trying to find a buyer before the end of the month, I'd start by reaching out to local Detroit investor groups, experienced wholesalers, and agents who regularly work with cash buyers. I'd also ask interested buyers for proof of funds so you know they're in a position to close.

    I'm a real estate attorney and investor based in Maryland, and I work with clients on contracts and property transactions. One thing I always encourage investors to do is review their purchase agreements carefully, especially the assignment terms and closing deadlines. Finding a buyer is important, but making sure the deal can move forward properly matters just as much.

    I appreciate you sharing this, @Tamia Mitchell. Getting started in wholesaling can involve a lot of moving parts, and it's good that you're reaching out for connections. Happy to stay connected!

  • Technology · Member since 2026 · 38 posts · 9 votes
    3w

    @Tamia Mitchell one thing that helps on a deadline: when you talk to buyers, write down what each one actually buys, not just their name and number. Area, price range, condition they'll take, and when they last closed. Then you can send this deal to the few who fit instead of blasting everyone, and the same list is ready for your next one. Recent cash sales in that zip are also a good way to find who is actually buying there right now.

  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 13k+ posts · 9k+ votes
    3w

    Many wholesalers expect a sale if they just post the basics about a property.

    This leaves potential buyers doing all the work on evaluating if/how the property is a "deal" for them:(

    DO THAT WORK FOR YOUR TARGET MARKET!

    Do the research and share the numbers WITH SUPPORTING DATA.

    • Have seen too many wholesalers out-and-out LIE about projected rents, rehab costs, ARV, etc.

  • Investor · FL · Member since 2023 · 19 posts · 10 votes
    1w

    The best way to find a cash buyer for free are Facebook groups. That's how I've found all my buyers.

  • Member since 2021 · 12 posts · 1 vote
    1d

    With a deadline, the fastest list is county records for Detroit and the zips around it: every cash or LLC purchase in the last 12 months, repeat buyers first. Our team also runs dispo through a platform where active investors bid, which can move faster than calling one by one. What zip is the deal in?

  • Noah WrightBusiness Member
    USA, Nationwide · Member since 2024 · 490 posts · 154 votes
    13h

    Getting a Detroit deal tied up as a new wholesaler is the hard part, and you're already past it. One source that hasn't come up yet is the hard money and private lenders who lend in Detroit. They see which investors close flips there again and again, and some will pass a good deal along to repeat borrowers. A lot of the people called cash buyers are actually closing with that short-term money. Those buyers can be just as solid, but their lender still needs time to check value and title before funding, and that eats into a month-end deadline. So ask each buyer how they're paying and how fast their money can close. A buyer is only as good as the money behind them, and how quickly it moves. When does your contract close?

  • Nick HabhabPro Member
    Real Estate Consultant · Detroit, MI · Member since 2026 · 2 posts · 0 votes
    13h

    Would love to take a look, please send details.

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