i have a property that has 38% equity, how do i find an investor to shop it to?
i have been to rei meetings and any response there is dead.
i have to meet the homeowner again this week and i would really like to pass it on to an investor.
again thank you for your help.
:smile
REI Meetings are a great place to find Rehabbers or Buy and Hold investors to wholesale to. Make sure and get their requirements and criteria and build your wholesalers list so when you find property you’ve got investors in place to move.
I would recommend making friends with a Hard Money Lender in your area. Let them know you’ve got a deal and are looking for an investor to Wholesale to. They’ll typically put you in touch with some serious players in your area because they are mutual clients.
You can also call the “I buy ugly houses” signs you see all along the road and in the paper. Give them the details of your deal and they may be able to help move it for you or buy it themselves.
Good luck.
i would network with local investors
call some of the “buy houses” ads in your local paper
has anyone talked to HM guys and ask them who they lend a lot of to?
I’ve done well with that, the HM guys know they’ll be the one lending on the deal, and I know the buyer is bring HM so I don’t have to worry about the buyers lender fouling up the deal