Posted by Bob- Tx on February 25, 2002 at 12:26:46:
Be careful about taking someone in you don’t have a relationship with. Best bet is, once you a list of potential buyers and their parameters for buying, get it under contract with an escape clause that allows you some time to find that buyer. Once you have it under contract then spread the word and get it sold. If several investors look and are not interested then either negotiate a better price or bail out.
Posted by Bashir on February 26, 2002 at 17:20:03:
Outside of the normally discussed methodology, you can also find investors lurking around the tax assessors office, and also in the deed books. When I say in the deed books I mean if you go to search the deed books yourself, you can often find other investors down there searching also.
I have wholesaled 2 houses on the uslandco.com site. They have a huge database of investors in each state. If you fill out one of their sell your home forms it gets emailed to all the investors in your state. It’s the easiest way I’ve found to find other investors. On one form I filled out I got 23 calls from other investors the next day. Hope this helps.
Re: finding local investors - Posted by Shawn (OR)
Posted by Shawn (OR) on February 25, 2002 at 02:02:25:
Grab a copy of the local newspaper. Go to the classifieds and look for a section that says something like Real Estate Wanted. You should see several ads from people saying things like “We Buy Houses!”
Now just go ahead and call those folks up and explain what you want to do. See if they’d be interested in purchasing houses from you.
thanks! Oh, one more question… Whats the best aproach to the flip purchase without any $. should I set up a rehab investor 1st, by taking him/her to the property and getting an offer from him that is more than the sellers price?