How do I find investors for a deal under contract?

[Phillip Wolff]

I've put together a slide deck and have managed to put a deal under contract, but since my network is on the smaller side (just starting out), it's tough to find investors. People always suggest that I "network on BiggerPockets," so here I am. What advice would you have for someone like me? 

[Mark Cruse]

A general rule of thumb would be to have vetted, reliable crop of investors already lined up. I cant tell you the number of stories I see often with people  signing contracts with wholesalers who cant pass on the property. You can try here and if it's a slam dunk you should be ok but so many things are not slam dunks these days. Also, if you get the reputation of getting things under contract and cant get it closed on the other side it could damage your reputation. Work on this one for now by marketing here and amongst others you feel you can make it happen. After that, start networking in local REIAs, online forums and start building up a strong list of people who can deliver. Another problem is getting feckless people on your list. There are many who say they want a good deal but in the end they dont have liquidity, credit or the ability to close on their end. Good Luck and congratz for taking the first step.