The Cash to Play - Real Estate Investing
This type of buyer may not have a strong borrowing ability, but has a significant amount of cash to work with. They
probably either have poor credit or may just be starting out in real estate investing and are just "getting their feet
wet." Someone who has $3,000- $5,000 is still a potential buyer for some deals and so don't rule them out.
Remember that you can be the bank for these types of individuals and direct them tothe money. Just know that even though
you don't have a "whale" buying all of your deals, you can create built-in financing so you can get the house wholesaled
quickly. In another publication, we'll discuss in detail how to create this type of financing and make sure there's a
check somewhere that ends up with your name on it.
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