Home Page › Forums › Wholesaling › Just getting started! looking for a Buyer!
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Gregory | @gregory-tucker
My wife and I are just getting started, we found a good deal in Fayetteville, NC.
We went in to the deal looking to Rehab this property but our lender has said that this one is too small for them. So we are trying to Wholesale the deal. Where do we find a buyer or a better asset based lender.Any Tips?
Thanks
Greg T
Gregory Tucker
Choice Prime Properties LLC
910-378-0001
Corina Eufinger | @corina-eufingerThe best option to find buyers is networking locally at REAIs or through websites and FB groups (A lot of good groups exist!). If you aren't licensed be sure you know your state's laws regarding wholesaling. You don't want be caught breaking the statutes and face the fines from that.
If you are feeling you might make wholesaling one of your strategies build your buyer's group before bringing another property under contract.
Good luck!
Robert Lawry II | @adminreiHi Gregory,
We have a resource section here on RealEstateInvesting.com for asset based lenders. Here is the link to the main index and then you can look up your state from there…For building your buyers list, if the property is small and in a lower income area, try getting a list of Section 8 HUD landlords who have property available for rent through HUD. You can get the list from the local Section 8 office.
Networking is key.
Robert Lawry II, CEO & Editor
Rei Media, LLC
Lic # CBC1254563
(904)993-2692
Rohit Vishwas | @rohit-vishwasThe best thing for the market your services are local marketing coordinators' social media preferences it can help you to generate your customers from the local groud and it is an essay to manage and handle with the customer. and every business required a wealth-builders because its only that can help to run your smoothly
Brian | @brian-stoutHey Greg,
I am a bit late to this discussion but congrats on taking the step and doing something. That tends to be the toughest part.
I have found that local real estate investing groups work great at building relationships and networking for your particular needs.
Good luck!
Brian Stout
Express Capital Financing
706-949-9900
CJ | @cj-chaneyCheck all of your local investor Facebook pages!
matt | @matt-starkI find my best buyers by going to Realtor.com and finding real estate agents that represent buyers. Then, I contact every Realtor on the list and ask them if one of their buyers might want to walk the property. That is a great place to start!
Matt S.
Missouri | @missouri-houseHey have you tried joining your local meetup groups and also the facebook groups for investors in your area? Those are some good places to find cash buyers.
Noah | @noah-brockmannHey Greg,
The quickest way to find some cash buyers is going to be through Facebook Groups. Just make sure to vet the person and make sure they're actually close.
Another great way to find cash buyers is to go to local REIA meetings or other Real Estate Meetups. The key is to build relationships with the people there.
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Tagged: asset based lenders, Cash Buyers, Wholesaling
- This topic has 8 replies, 9 voices, and was last updated 2 years ago by Noah.