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Updated almost 10 years ago,
Advertising on Craigslist to find end buyer for contract.
Hello BP,
I recently got my first house under contract and would like to rehab the property myself. But as I am looking around, trying to source the capital is becoming tough. After paying the money partner (whether hard money or private money), I wouldn't make too huge of a profit for all the work. But I did buy this property at a good enough price that I can assign the contract to someone and let them rehab it and still make money.
ARV 240, Rehab 45, My advertised price 132k.
Trying to keep my options open- I posted an ad on Craigslist about the property. I did not include the address because I obviously don't want people off the internet going there and bothering the homeowners. They are dealing with me only.
Ive already received 3 e-mails from the ad and it's only been an hour.
Everyone is asking what is the address so they can confirm the arv. How do I filter out the time wasters or other wholesalers trying to wholesale my wholesale? I guess I don't want to blindly just throw out information to people on the internet.
I am genuinely trying to find a good rehabber to take over this project from me. It's in my neighborhood and I care about my reputation.
Any thoughts here guys and gals?