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how do i find a house to sale to investor.

how do i find a house to sale to investor
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June 01 2010 - Kansas City
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Answers (3)

You identify what investors want. Then you search for them.

Let's take "what investors want." Some want properties they can rehab. Others want properties they can fix up and rent out. Some want to wholesale properties to other investors. You need to know what your investors want. So: Ask them. In many cases, it'll be a single-family home with 3 (or 4 bedrooms) and a minimum of 2 baths. Sometimes they'll look at townhouses, too. Very seldom will investors be interested in condos.

You also need to know how much under market value they're looking for. In some cases--for instance, with investors who do lease-options--it doesn't have to be much under market value. With rehabbers, it probably has to be about 65% of market value minus rehab costs.

So, once you know what investors are looking for, how do you find them? Lots of ways. These include:

--Network with friends, relatives, and co-workers.
--"Drive for Dollars" by driving around neighborhoods and looking for abandoned homes or those in poor condition.
--Direct mail: Postcards and letters. Direct them to specific groups of people, such as out-of-town owners.
--Knock on doors. Pick a neighborhood, knock on doors, and ask: "Do you know anyone in this neighborhood who might be interested in selling their home?"
--Bandit signs: Those "We Buy Houses" signs you sometimes see nailed to utility poles or stuck in the ground at intersections.
--Craigslist. Look expecially for people trying to sell their homes themselves.
--Magnetic car signs.

And the list goes on and on.

Hope that helps.
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July 16 2010
Are you trying to sell a house you own?  Trying to buy a house for investment purposes?  Or are you wanting to become a private money lender?
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June 02 2010
You should try a Mortgage Borker Team. Must of them have in-houes agents looking for diffrent investments. Goto website they will send you homes in K.C. 
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June 01 2010
 
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how do i find a house to sale to investor.
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July 16 2010 | 3 answers
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