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Updated over 4 years ago,
Finding a buyer for a $27 million dollar property
Hey all, hope all is good. So I've started out with my real estate journey over 18 months ago buying SFH and a couple Multi family. I live in Abu Dhabi and invest from here. Anyway I work with a lot of high net worth individuals and one of them came to me this week and asked for help selling his property and to me honest I thought he meant maybe a holiday home or something like that. He is actually selling a residential and commercial property in Rochester Minnesota. From looking at his monthly cash flow and from what he has told me the property has been mismanaged. He is asking $27 million dollars for the buildings but is willing to do a deal, I tried to get him to go down the seller financing route but that is not an option at this time.
Like I said this a large deal, I’ve never sold or wholesaled a deal before any tips for something this big?