Finding cash buyers for your wholesale deal

Finding cash buyers for your wholesale deal

Flipper/Rehabber · Apple Valley, CA · Member since 2019 · 12 posts · 0 votes

Good Morning BiggerPockets, I am new to wholesaling and I have finally got my first deal under contract. I’m having trouble finding a cash buyer to close the deal. Are there any experienced wholesalers or investors that could give me advice on how you found reliable cash buyers near you?

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Investor and Commercial Real Estate Agent · New York City, NY · Member since 2013 · 109 posts · 67 votes
7y

Attend the next San Diego County Sheriff Property Sale (Foreclosure). Usually there will be tons of cash buyers there. If you truly have a wholesale deal (which means your numbers are spot on) you should be able to sell it fast. Print some flyers of your deal and after the auction speak to the people that bid on the property. Looks like there is an auction on July 30th.

https://www.sdsheriff.net/courts/property-sales.html

 

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  • Colton, CA · Member since 2019 · 105 posts · 24 votes
    7y
    Hello Dae"Leon, did you post it here on BP real estate listing and specify you want cash buyers
  • Investor and Commercial Real Estate Agent · New York City, NY · Member since 2013 · 109 posts · 67 votes
    7y

    Attend the next San Diego County Sheriff Property Sale (Foreclosure). Usually there will be tons of cash buyers there. If you truly have a wholesale deal (which means your numbers are spot on) you should be able to sell it fast. Print some flyers of your deal and after the auction speak to the people that bid on the property. Looks like there is an auction on July 30th.

    https://www.sdsheriff.net/courts/property-sales.html

     

  • Flipper/Rehabber · Wilton, CT · Member since 2015 · 4k+ posts · 4k+ votes
    7y

    hey Dae,

    Often beginner wholesalers are too eager putting a property under contract. Make sure this is not you!

    If you have trouble finding a buyer, often the reasoon is that it is not a good deal.

    But I am not just going to be negative here.

    Why don't you tell me what the numbers are and I  will help you do a deal calculation that is realistic.

    I need to know the following.

    ARV

    COR (Cost of repairs)

    And what repairs are needed.

  • Real Estate Broker · Naples, FL · Member since 2013 · 9k+ posts · 6k+ votes
    7y

    If you cannot assign the transaction congratulations on your new purchase

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