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Updated almost 9 years ago,
Meeting with first seller
Hello BP!
My girlfriend and I are in college have been grinding away at our wholesale business to pay for college by the time we graduate (we are currently both undergrads), we are meeting with a very motivated seller today, we have no experience.... are also thinking about using seller financing not just wholesaling as our options.
Question: our area is very dead in terms of REI it is a college town so there are a lot of rentals but almost no flippers, we have an extremely low population (we are in the north country in upstate new york) and no REI meetings within 60 miles. Where/how can we find cash buyers in an area that is not too hot? are there people that will buy and let us run the flip and do some kind of split? keep in mind we have little ability to refi or to get hard money as college students.
Any guidance is welcomed, thank you.