In reviewing other threads, I see the majority of people seem to be of the mindset that it would be best to “lock in” a buyer of the property before I purchase a rehab property, so that after I purchase it, rehab it, and get it ready, they would buy it from me for a pre-determined price, and then they could live in it or rent it out themselves for cashflow.
How would this best be done, finding a buyer for the house BEFORE I buy it? Are there investors here, that if I run the numbers and show the cashflow for my area (No. VA) before I purchase the property, that would agree to purchase it after the rehab for income? Networking is not my forte, so I am trying the best I can to see how to work this.
Thanks,