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Updated over 8 years ago,
Could use some advice on finding Investors!
I am ready to start wholesaling and the best part about it is since I know so many people in my area I already have 2 real good deals . These homes are not even on the market and I can get them for a real good price ! That is if I just knew anyone I would be able to wholesale them to . Is there a way to look up investors ? A close friend of mine told me I could post an add up and build a buyers list that way . He told me he has over 20 and when he needs to assign a contract over he just emails them all the details and waits to hear back . What if you have 6 people wanting it ? Just tell the other 5 to take a hike ? Isn't that bad for a wholesalers reputation? The only question I will need answered after I get some buyers is that if one of my buyers wants to see a property while the seller still lives there is that a problem ? Or how does that work ? Also after I assign the contract then what ? Just wait for them to close or do I need to let the seller know I have assigned his home to another investor? What if I just sit back and the buyer backs out ? How am I to know ?