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Updated over 13 years ago on . Most recent reply
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Email Correspondance with Craigslist
I have had correspondence with several potential "buyers" through email. The problem is they are from craigslist.
While I might be new to real estate, I am not new to business. I said that to say, these people seem to not be my ideal of what a buyer should be. As an example, one guy did not know what birddoging or wholesaling was. While you might give him the benefit of the doubt, he has a website with 20 homes listed that he sells and he is not a realtor.
Mind you, I know of a guy in another state that says he does his entire transactions via email. So, I assume everyone he deals with is sophisticated enough to understand everything and get what his wholesale business is about.
So I don't waste my time, and end up frustrated, could someone give me like 10 key questions I could ask to qualify people to see if they are REAL buyer investors?
To give you an example, one guy corresponded with me over 5 emails and seems to refuse to give me his name.
I just want a little list of what I should be asking buyers over email, very specific qualifying questions, not what homes they want.
Things like, should i be asking for proof of funds, what's their name, what LLC they work with; should I be asking for their SSN; should I be asking for how quickly can they close; ... stuff that I could ask to keep or eliminate them as a "real" investor.
Thanks