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Updated over 2 years ago,
Where Can I find A Cash Buyer?
I just signed my first property under contract, in a few hours which was pretty cool. I had a list of 5 potential cash buyer companies in Atlanta but when I introduced my deal, they did not know what to do with it. The house is beautiful, no repair needed, it has a large outdoor pool, a 3 bedrooms, 2 baths, 1 mile from restaurants and shopping center. So here are the points that they these buyers mentioned:
1 - They are no comparables for this house, it's a tough one
2 - Not enough equity or profits for them
3 - The house was on Zillow (FSBO) for a higher price
They did not like the fact that I negotiate the price down. The house is worth $189.000 and I let it go for $172,000 ($165,000 for the house and my fee of $7,000). I do not have enough cash buyers to introduce this deal to and I am trying to find more investors. Can someone know where I can get proper exposure for this deal?
Thank you!