As a wholesaler, it is important to find ways to save time… working with known, cash buyers is going to save you a lot of time and hassle.
Plus, working with cash buyers allows you to avoid “tire-kickers” or “posers”…
Who claim to be Real Estate investors but will end up wasting your time. There are no shortage of buyers who promise to close on your deals, but back out at the last minute. This will NOT make your day.
Where to Find CASH Buyers
Here are two proven ways to find cash buyers for your deals…
1. You can go down to your local courthouse and scour public records for recent cash transactions. I don’t love this method because it is so time consuming It can become a part-time job because every time a cash transaction occurs, you’ll have to find it and record it in your database for it to be up-to-date.Pro Tip: If you choose to go this route, be sure to find an assistant that you can easily train on the process so that you don’t have to be the person doing it.
2. Use the Cash Buyer Data Feed. Because of the challenges (time, effort, energy) with finding cash buyers via public record, I created a software program that allows any investor to automate the process of finding known cash buyers right from their desk.
Every month, my team aggregates the data from all over the country. We weed out all of the irrelevant information and keep only the most relevant and profitable data that helps us, as wholesalers who want to sell property fast. With the Cash Buyer Data Feed you can instantly access all of the cash buyers in your market, and everywhere in the USA.
With access to this highly qualified buyers list you can make offers with confidence knowing that you have cash buyers you can sell your deals to.
We are currently running a special where you can try the Cash Buyer Data Feed for 30 days for only $1.97. Click here to learn how to get instant access to cash buyers in your market so you can quickly wholesale your next deal.
What to Say to Potential Real Estate Cash Buyers
You will save a lot of time and energy if you get good at screening out “un-qualified” buyers.
Some buyers say they have cash, but what they really mean is, they have an asset that they need to sell in order to get that cash.
Some buyers will say they have done a bunch of deals, when in reality, they bought their first home a couple decades ago, they bought their move-up home a decade ago, and they just closed on a new home.
Yet some are TRUE cash buyers who are buying and selling property every month.
It is important that you don’t waste your time… yet, it is also important to get “off on the right foot” with the real cash buyers for houses.
I have created a script so you know exactly what to say and I include it for free inside the Cash Buyer Data Feed here. All of these steps are important… especially when you are brand new to Real Estate Investing… but, they are technical and complicated unless you have a system like iFlip that makes it easy and does most of the work for you.
Thanks for reading!
Best regards,
Cameron Dunlap