JV Buy Box ! · Wholesaling Real Estate

JV Buy Box !

Hedgefund Buyers, Local Fix n flip buyers, Buy n Hold Buyers

The buyers are buyin ! Don't believe the nonsense about winter being slow! Buyers turn up the heat at year end to hit quotas.

Check out my buy box details below and shoot me a message if you have something you'd like to JV on.

My primary markets where I'm doing the most and have the best relationships are here:

TN (Knox, Chatt, Mem, Nash)

GA (ATL & North GA)

FL (Tampa)

But thanks to my hedgefund connections I do have the ability to wholesale outside of my primary markets.

Details Below

HEDGEFUND BUYERS

- Memphis: Up to $380K, 3+bed/2+bath, 1970+, 1,100+ sqft, $45K+ median income area

- Knoxville: Up to $465K, same specs (HIGH PRIORITY market)

- Nashville: Up to $500K, same specs (HIGH PRIORITY market)

- Atlanta: Up to $405K, same specs (HIGH PRIORITY market)

Other Active Markets: Phoenix ($485K), Denver ($550K), Birmingham ($360K), Indianapolis ($355K), Louisville ($370K), Kansas City ($405K), St Louis ($400K), Charlotte ($415K), Greensboro ($380K), Raleigh ($465K), Columbus ($375K), Oklahoma City ($325K), Dallas-Ft Worth ($400K)

This hedgefund is typically buying at around a 8% cap rate - High priority markets can be as low as a 6 cap.

Requirements:

- All properties need $1,100+ rent potential

- No inground pools, No flood zones, No double yellow lines

STANDARD FIX N FLIP CASH BUYERS:

- Single-family homes

- Built 1920+ (more flexible than hedgefund)

- 3+bed/2+bath, 900-3,500 sqft

- 65-78% ARV - repairs (Please do not ask what market buyers are paying 78% to ARV in...It varies on a deal by deal basis depending on several factors like; neighborhood, rehab level, etc)

LAND BUYERS:

- 6,000 sqft - 200 acres

- Development potential preferred

- General rule: 10% of exit value backed with recent sold vacant land comps (this can vary greatly)

Send me any deals you're working on if you need help determining buy price - I can typically respond with a buy price on deals in 12 hours or less.

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