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Updated over 3 years ago on . Most recent reply

User Stats

30
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8
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Davis Stoner
  • Investor
  • NE PA, N. NJ
8
Votes |
30
Posts

Wholesale marketing question

Davis Stoner
  • Investor
  • NE PA, N. NJ
Posted

Hello all,

This may be a dumb question but I wanted to check with some people who may have more experience-

When sending direct mail letters am I allowed to advertise myself as a cash buyer? Even though I will be using hard money to purchase the property or assigning the contract to a cash buyer?

I know wholesalers get a bad rep sometimes so I am trying to do it by the book! Thanks in advance.

Most Popular Reply

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5,857
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9,123
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Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
9,123
Votes |
5,857
Posts
Don Konipol
#1 Innovative Strategies Contributor
  • Lender
  • The Woodlands, TX
Replied

@Davis Stoner

So the responder above advice is to lie. Better rethink, or you’ll end up like 99.9% of wholesalers, wasting your time, the sellers time and the buyers time. Never were so many so attracted to a job that has so little chance for success and is extraordinarily crowded with so many chasing something they probably have no ability, knowledge or experience to identify even if they should stumble across it. But I know, you’re going to “try it anyway”. On the off chance that the guy, with all the free YouTube videos, trying to 3 step sale you and every other wanna be into maxing your credit cards for a $30,000 mentorship is actually something more than a professional “pitch man”, that he was actually successful doing what he’s selling (ignore his personal bankruptcy; that was back when he was “like you are now”, I.e. before he perfected his system), and that he’s not totally blinded by greed, he just wants to “give back” to the real estate community he so loves and cherishes.

  • Don Konipol
business profile image
Private Mortgage Financing Partners, LLC

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