Qualifying a cash buyer

[Christopher Lyons]

Hey BP community

Curious to see how others perceive this question. I've recently joined a local real estate investment team that Buys Homes all over the state of FL. I've been marketing out a few properties for the past week. I go on Craigslist, BP, and FB with a teaser description like "Fantastic Buy & Hold in (city) message us for further details and schedule a walk-through." 

I'm getting a lot of traffic and some are from vague "local investment companies" that are not on my personal buyer's list, now I don't want to speculate too much but after doing my due diligence on BP I find myself wanting to prequalify the unknown potential buyer before sending them a link on the property to avoid them stealing the property marking it up and selling it on their website. 

What do some of you do in lines of qualifying potential new cash buyers? I'll send them a cash buyer criteria template to see what they are looking for but don't want to put a lot of stock in assuming too much. What questions do some of you ask before sending links to the property?

Thanks, everyone. 

Chris

[Brian Garrett]

You could always request an NDA and/or POF but if you have the property under contract like you should then you don't have to worry about anyone "stealing the property" since you have a pending deal already.

Also just FYI you either need to be licensed or own the property in order to wholesale legally here in Florida.