Buyer for a Large SFH Portfolio

[Shante Maddison]

Hello Everyone,

New to wholesaling here in HTX, Have a question. My business partner recently came across a lucrative deal. We have a seller who wants to sell his portfolio of around 50 single family homes (selling because he is elderly and does not want the hassle) I have a meeting with my partner today to get more info, but some are current rentals.

Questions below: 

How the heck do I market this thing?

How do I calculate my wholesale fee for such an extensive amount of properties?

What strategy should we pursue? (IE sell the entire portfolio, sell in multiples, sell one by one)

How/Where do I find the type of buyer that is willing to buy such an extensive portfolio? (any marketing channels, groups, etc.), and am I looking for a commercial buyer or residential

What do I need to ask of such buyer to weed out phonies or non -serious buyers? I know I need proof of funds but what else?

I thank each contributor in advance and happy to be part of a wonderful community!

I think this is my first post/question. Whoo Hoo!