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Updated almost 2 years ago,
Would an investor procure million(s) cash in order to close on a great deal?
If I got a great deal under contract for a cash purchase, but the purchase price is $1,000,000+, would the investor I'm looking to assign a contract to be willing or go through the effort of putting together $1M+ in order to close on a cash purchase? I realize the larger the asking amount for a cash transaction, the smaller the pool of buyers theoretically. But I'm not sure if that really has too big of an impact.
I want to wholesale less deals for larger assignments. Logically I would need to wholesale larger size projects in order to pull that off. Any wholesalers here that have this kind of strategy and could help shed some light?