Where to find cash buyers? URGENTLY

Discussion in 'The Buying & Selling Process' started by Cat, 14th Nov, 2018.

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  1. Cat

    Cat Well-Known Member

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    I’ve got a deal where I need a quick sale on two duplex units so I can move on another deal. So I need cash buyers where I’m not waiting for subject to sale. Properties seem to get lost in RE & Domain, particularly investment properties. Any suggestions. I’ve had agents on it before (when I was asking more) and to be frank they wasted a lot of my time and annoyed my tenants unnecessarily. Thoughts? I've got a week or the other deal falls through.
     
    Cat, 14th Nov, 2018
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  2. Cat

    Cat Well-Known Member

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    I would like to know how you find properties on RE & Domain for investment purposes?

    I’ve got a deal where I need a quick sale on two duplex unit so I can move on another deal. So I need cash buyers where I’m not waiting for subject to sale. Properties seem to get lost in RE & Domain, particularly investment properties. Any suggestions. I’ve had agents on it before (when I was asking more) and to be frank they wasted a lot of my time and annoyed my tenants unnecessarily. Thoughts?
     
    Cat, 14th Nov, 2018
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  3. Morgs

    Morgs Well-Known Member Business Member

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    Have you considered short term / private lending?

    Won't be cheap but I'd imagine if you're looking for a cash buyer to settle within a week then you're going to take a major haircut on price.
     
    Morgs, 14th Nov, 2018
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  4. The Y-man

    The Y-man Moderator Staff Member

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    Subject to sale or subject to finance?

    The Y-man
     
    The Y-man, 14th Nov, 2018
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  5. Cat

    Cat Well-Known Member

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    Subject to finance fine I just don’t want subject to sale of another property as that is a long process.
     
    Cat, 14th Nov, 2018
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  6. Cat

    Cat Well-Known Member

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    Yes major haircut on price. I’m dropping 15% off original asking price. I’m taking a loss on this one but the opportunity I have is far greater than the loss I’m taking so I’m sucking it up on this one.
     
    Cat, 14th Nov, 2018
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  7. Ghoti

    Ghoti Well-Known Member

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    Or alternatively find someone with heapsof cash they need to legitimise ;)
     
    Ghoti, 14th Nov, 2018
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  8. Shogun

    Shogun Well-Known Member

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    Try Rick Harrison
     
    Shogun, 14th Nov, 2018
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  9. The Y-man

    The Y-man Moderator Staff Member

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    The only time I have bought cash (i.e. no loan) was through RE ~ I don't know where else I would have looked.

    The Y-man
     
    The Y-man, 14th Nov, 2018
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  10. MWI

    MWI Well-Known Member

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    Can you PM me. I need more details but am a cashed up buyer, but the deal needs to suit my criteria....
     
    MWI, 15th Nov, 2018
    #10
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