Wholesaling beginner washington DC - SOS

[Sara Frank]

Hi all,

I have a friend who is interested in selling one of her Washington DC investment properties (SFH 5bd.2.5ba in NW) so that she can do a 1031 exchange and level-up.

She wants a fast process with minimal fees on her end. She's trusted me in helping to re-position one of her existing properties by handling the renovations and property management. She's indicated that she will let me search for a buyer for this house she wants to sell. Her timeline to make a decision about *how* she wants to sell the property is about 1 month. How she sells == via agent with fees or through one of the options I bring her.

I have never done a wholesale deal but I believe this might be a perfect opportunity. I have a few leads on cash buyers (either flippers or condo developers) who would be interested in the house but I don't know if she is aware of what wholesaling is/would be comfortable signing a wholesale agreement with me. You have to admit, it looks pretty gimmicky unless you're close to the details.

How should I approach this topic with her? I'm afraid she will think this is a 'self-serving' move on my part and no longer be interested in working with me. In reality - she's a super busy person and I know I could truly add value to her life by finding a buyer for her and negotiating a higher sale price for her home. I should add that there is an age gap --- she is in her late 40's and I am in my early twenties. I'm also afraid that this harms my credibility.

All this to say -- if you have advice for how to approach this situation/put her worries at ease, that would be awesome!

Thanks,

Sara