working with a broker and he asked me yesterday if im interested in a 12 unit apt bldg, 11% cap rate, 70% filled. so im thinking can i wholesale it?!
newby wholesaler, i’ve done 2 deals, a L/P and a REO flip and i have no idea how to find Comm-RE cash buyers.
Hi,
The very easiest way to find commercial buyers in your area is to go up and down streets in your area that are 5 unit or larger properties, write down the address of the property and then go into the tax records, most are online and get the name, address and some have phone numbers of the owner!
This immediately gives you access to connect with owners who already own at least one property in your neighborhood.
Now it’s nice that you found a 12 unit building but what is the reason an investor would be interested in that property? You could probable assign the property for a small fee!
GR
that is exactly what i will do, thank you G.R.
I think you can do it.