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Updated over 17 years ago on . Most recent reply

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How to offer properties to prospective buyers

Posted

I was thinking of how to start out wholesaleing. I have found quite a few properties that I think would make great investments, but I'm not in the position currently to buy them myself.

So, my question is, how do I put the information about these properties together to offer them to a buyer?

My thought would be to put together a packet of information on each property. Include the purchase price, repair/rehab costs, ARV, prospective monthly rental income, etc...

I guess that I need to know how to catch a buyers eye, yet make sure that I don't get ripped off. My concern is that I find a property and do a bunch of work to find out if it is doable and then find a buyer, and they undercut me or something.

Please enlighten the noob. :help:

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