How to wholesale a buy and hold deal

[Account Closed]

Hey everyone I have some motivated sellers,and they are retiring. They want to sell their rental property it is a duplex,and I do not even know how to structure it. I also do not know how to find a buyer looking to purchase a rental property,and also it is fully occupied at the moment. I really need insight on this topic,because I did not find any other thread. They are asking 105k and I can offer 40k but that is for a fx and flip deal. I really need some help on this one. Thank you and have a nice day.

[J Scott]

Originally posted by @Account Closed:

@J Scott Yes i was looking for buyers,and also ways to determine my offer to the seller.

If your buyers are going to be landlords, you need to determine what the typical criteria for landlords in that area, and then be able to buy the property cheap enough that you can resell to landlords based on that criteria.

For example, if most landlords in that area are looking for deals that will generate 10% cash-on-cash returns, you need to buy the property for a price that will allow you to sell to a landlord at a price where he can make his 10% return (with enough left over for your fee).

Without knowing what your buyers are looking for, it's impossible to know what the right price for you to buy is (and therefore how much to offer the seller).

Does that make sense?