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Updated over 10 years ago on . Most recent reply

User Stats

87
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Matt Taschner
  • Wholesaler
  • Cottage Grove, MN
14
Votes |
87
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How to market to potential leads

Matt Taschner
  • Wholesaler
  • Cottage Grove, MN
Posted

We have recently finished and sold our first flip property.  We did pretty well and would like to reinvest into another property.  Our strategy will be to use direct mail and also start a Word Press site to generate leads.  It will be a "we buy houses" layout using conventional finacing for the deals.  At least until we can raise enough capital to pay cash or find a private lender.  My question is should I list it as we buy houses and pay cash because we are pre approved or should I leave out the we pay cash part of it?  Thanks in advance.

Most Popular Reply

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4,411
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2,887
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Bill S.
  • Rental Property Investor
  • Denver, CO
2,887
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4,411
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Bill S.
  • Rental Property Investor
  • Denver, CO
ModeratorReplied

@Matt Taschner so could you pay cash if someone offered you a property for $100 or perhaps for $1,000. I'm not suggesting lying but without really knowing how much someone is going to offer to sell a property to you can you really say one way or the other?

I tell them I pay cash. I wholesale and my buyers pay cash or get hard money loans. What people really want to do is to know that you are not going to back out because the bank won't lend you the money.

  • Bill S.
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