Erife,
I would pay attention to which investors frequent here that purchase properties. If their good they’ll be bought! These are live investors here! I would also see which one’s help the most! Some of them have products their promoting. Not in a guru style either. They participate in their own businesses, and dedicate time to helping educate those that don’t have the answers they need.
Never let them see u sweat! Ask questions from people who may have already been thru something similar or may have good ideas for u!
My ad?
Investor Special
$200,000 current market value
$125,000 option
$5,000 assignment fee
no rehab necessary
please send proof of funds, and capability to perform to Yadayada
Does that mean every property will work? Nope but those obviously are the one’s that move the investors the most as most want 65% ltv. Some work for less equity in the deal. Unless you have your own funds to buy, hold, and keep for the income. Even then I can think of ways to help an investor make more funds! Which is the name of the game.
If an investor likes your ad it helps to have a inexpensive nice website to gain some respectability in a tough industry. Post a pic of the property. Let them see you as the real person in your every day life besides being an investor. In this day and age your not just selling a property. Your selling your excellent reputation. In this day an age investors are very skeptical. There are alot of wannabe’s in this biz. I’ve been an asset manager for years, and this biz always provides different levels of surprise. If they can’t give a proof of funds or an LOI showing how they intend to perform then their not sincere about buying. A real buyer will have everything ready to buy! And won’t hesitate about proving their capability given good reason to perform.
Welcome to the wonderful world of Real Estate! :biggrin