1. Courthouse steps has cash buyers - though they are a jaded bunch so
have yourself organized before an approach - talk to one person off to
the side - they are a secretive bunch also.
2. You could pull trustee's deeds and then look up the buyers after the sale.
3. How about looking up MLS listings that say "cash only" - when they close escrow - look up who bought it.
4. REI groups.
5.
Select local hard money lender, look up what properties they have liens
on, then look up the owner. These hard money borrowers are oftentimes a
good as a cash buyer.
6. There are cash buyers for almost every
area on Bigger Pockets - or at least people from every area that know
cash buyers. Develop relationships for your area and then talk to them
about the deal you can bring to the
table.
7. Cash buyers are usually easy to find when you have a great deal.
8.
That was my 30 second list - given time I am certain we can expand upon
it. the key is all of the above can identify cash buyers - as long as
you take the time to do the research - In reality you only need to know 1
-3 buyers for any product type that you could spin deals to - if you
have 3 SFR buyers and none want your deal - its probably not a deal.
same for commercial property etc. If you are looking for those willing
to buy borderline deals then, well thats for another post.
Sunday, July 28, 2013
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