Strategies for finding Cash Buyers

[Eliott Harris]

Hello

My Name is Eliott Harris, just started wholesaling because i want financial freedom. So far i have 1 deal under contract.

Any tips on how to find Cash Buyers?

[Gabriel Amedee]

Mindi Rosser

In my market, most direct lenders know of someone who does private money lending so I’ll do a general search for “lender” in Miami and skim each of their profiles to see if it says anywhere that they also do private lending.

I typically do not reach out until I have a solid deal to present to them. I used to use each of my deals to acquire more buyers because in my eyes it is the best way to establish credibility. The minute I put a REAL (not wholetail) DEAL under contract I would reach out to each of them with a PDF presenting the property, the comparable sales within 0.25mi, pictures, and a full rehab estimate from my contractor.

I also welcome any criticism on my analysis and urge others to ask for feedback on your deal. It will help you analyze future deals from the perspective of a seasoned investor.

Sorry if I over delivered your simple question. Best of luck!