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Updated about 1 year ago on . Most recent reply

User Stats

20
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8
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Virnisha Pastore
  • Real Estate Agent
  • Virginia Beach, VA
8
Votes |
20
Posts

How to Find Cash End-Buyers?

Virnisha Pastore
  • Real Estate Agent
  • Virginia Beach, VA
Posted

Hi, 

What's the best way to find serious cash buyers for properties? I'm finding a lot of wholesalers who just want to assign contracts but having issues connecting with investors (I'm in the Hampton Roads, VA area). I've tried searching for groups on FB with some luck. I feel like I'm spinning my wheels a bit.


Thanks

Most Popular Reply

User Stats

606
Posts
411
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Randy Rodenhouse
  • Investor
  • Charleston, SC
411
Votes |
606
Posts
Randy Rodenhouse
  • Investor
  • Charleston, SC
Replied

Yes, it can be frustrating since on Facebook marketplace. For example, you'll get a lot of people calling that. Just want to put it under contract in the sign the contract. I specifically say that it must be a direct purchaser with cash in hand and no assignments. This gets rid of a lot of unnecessary calls.  You need to look and find properties in your area that are being rehabbed, and stop by and talk the owner(s).  Those are the people that typically have the capital to buy your property with cash.  Also at foreclosure auctions you'll find cash buyers since it is requirement at the auction.  

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