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Updated about 5 years ago,
How to Pursue a Land Wholesale Deal
After a few hundred or so phone calls I finally landed another deal I'm brewing.
However, it turns out to be a lot. Here's the layout so far... The property is very large and previously
included an extra acre, along with the seller's house -which both now belong to his ex-wife.
He's selling the remaining acres to me at a great price. The biggest issue I think will be
locating a buyer.
After doing some due diligence, I've noticed no new residential construction in the area, and the only buyers
seem to be business owners of companies conducting business within the vicinity. My game plan
is to mass email the investors on my large list, along with skip tracing all commercial businesses
within the area and pitching them the lot -since large lots around the subject lot's size have
been being purchased by business owners within this area.
I'm meeting with the seller this Friday to review and sign the contract, as well as
picking up the blueprints and survey (which was conducted about 6 months ago).
Any advice would be much appreciated, especially with whom to market the lot to and
what information I may need before doing so.
Thank you all,
Erik