Ready to make 2019 your biggest year in real estate wholesaling so far? It’s all about finding the right end buyers for your deals.
Properties are still plentiful, and the rumors are that there is a lot more inventory coming onto the market. As the cycle continues to turn that is likely to mean many more motivated sellers too. With 100% financing for wholesale deals from Best Transaction Funding, there are really no limits to the amount of volume you can do. So, who is able to do the most deals in 2019, and who can be in and out and paid the fastest is really all about lining up the right end buyers.
So, who are the end buyers in the real estate market in 2019?
Individual Cash Buyers
Overall there may be fewer cash buyers in the housing market in 2019. After years of purchasing homes and investment properties for cash, many have locked up their liquidity in equity. However, do expect more new mom and pop investors with retirement funds and who are cashing out of the stock market who can afford to pay for more affordable properties in all cash. Then there are many who will be inheriting their parents wealth and homes to cash out as well.
Investment Funds
Investment funds are still hungry for real estate deals. They have a lot of capital and must deploy it. One of their biggest challenges right now is putting that money to work. If you can provide bulk deals, then they may snap them up for cash as well.
House Flippers with Specialized Financing
One of the biggest challenges wholesalers perceive about flipping properties to those that need financing is getting through any inspection and condition hoops demanded by mortgage lenders. However, those flippers using one of today’s more modern flip lenders or private lending companies normally won’t have those issues, and have been enjoying high LTV financing. Advertising properties for only cash buyers will mean missing out on this bigger and highly active group of end buyers.
Boomers & Generation X Home Buyers
On the retail resale side boomers and Generation X home buyers could be among the most active in 2019. They have the credit to get loans and many have the down payments. Many have been waiting on the sidelines for a decade for house prices to soften up and are now eagerly looking for deals. Millennials are forecast to be the group which takes out the most mortgage loans in 2019, yet half don’t even have $1 for a down payment and closing costs. Only 10% have much saved. So, it may not be wise to bank your own income on serving millennials alone.
In conclusion - there are many great opportunities in 2019. It’s all about lining up the end buyers, and promoting to them in a way that connects. Who will you be wholesaling too?
"I want thank you for the excellent service I received from Best Transaction Funding.The quick response I received from your company from the beginning of the transaction and to the end was unbelievable. I also want to give a special compliment to you as well. You went to great lengths to keep me informed and gave my title company all the information they needed to complete a successful closing. I cannot express how thankful I am. Such service builds great working relationships. I will definitely recommend Best Transaction Funding to all my fellow investors. Thank You."
- Frank Olaitan, Real Estate Investor, MD
"I can't thank you and your company enough for providing funding for our latest project, and right at the last minute. You came through with funding in less than 24 hours and coordinated with the closing agent and attorneys like you had been involved with our project the entire way. I'll know exactly where to call for the funding we'll need for our next project."
- Dave Pricken, Real Estate Investor, NJ
"Thank you so much! I just had a talk with our Realtor on both properties and told him amazing things about your company!... Normally I rehab the houses and re resells them. I just don't have the patience for that work anymore. This [transactional funding] is such a better way for me and less stress."
- Steven Kupecz, Real Estate Investor, TN
"We want to thank you for the exceptional customer service you provided. No one comes close. We had contacted a competitor the same time we contacted your company. Your company responded with in a few minutes while the competitor has yet to respond weeks later even after multiple phone calls and emails. Thanks again for the unmatched customer service."
"We had looked into several transaction lenders for a couple properties we were trying to flip. Your company was the most responsive and had the best pricing. Even though we had logistics issues with the B/C lender, your company acted very professionally and handled our requests beyond our expectations."
"Thank you for your commitment to an excellent customer experience."
- Phoenix Properties, LLC, Ronald Destefani, Investor, PA
"I was studying on how transactional funding works and you guys had the best and most thorough explanations posted so I could fully understand the details in back to back closing. I'd already started setting everything up but your video confirmed that I'm on the right track."
- La'Donna Turnipseed-Scott, Investor, LA
"....a few months back, I happened upon a video, on your site, regarding the use of transactional funding with Hud properties; and I found myself replaying the video over and over because of the value that I saw in the message...it actually explained the process, step-by-step on how to submit a Hud deal by using transactional funding. Once I completed the video, my initial response was to take immediate action by duplicating what I had learned from the video into real time. So I did some research on properties in a market where I knew I had buyers; and put together a hud deal. I then located a realtor able and willing to submit my bid online and within a couple of days, to my surprise, received a call telling me that I had won – my very 1st Hud bid."
"To you I say, ”KUDOS to Best Transactional Funding and Thank you for providing the education and services to Real Estate Entrepreneurs like me. Please keep up the good work!'"
- T. A. Davis, Investor, NJ
"You each deserve high marks for your wonderfully quick response time to each of our questions and requests! You hit home runs with us! Your application system was easy to use. Our deal met your qualifications and every time Rob Kozak or any member of Mystic Properties, LLC phoned, we received a "real" person dialing back to speak with us.
Your patience and persistence were exceptional in dealing with our business interests. Thank you for such great customer service! We look forward to working with your staff, again, in the future. We like referring people to you, as us, our team would have missed-out on an excellent earning opportunity.
Your help negotiating with our title company made our back-to-back deal, finally happen. People noticed on settlement day how effectively and efficiently your part of the transaction was organized and executed. Again, thank you for truthfully being the "BEST" at what you do!"
- Diane McAdams, Mystic Properties, LLC, Real Estate Investor, Pennsylvania
"Boy, you guys are impressive! I can’t thank you enough for scrambling and getting my deal done at the last minute like that. You and your team were awesome!"
- Donna Bauer, The NoteBuyer Inc., Real Estate Investor, OH
"Thank you so much for working so diligently with me. Your services really are the "BEST". I look forward to working with you in the near future!"
- Ericka B., Real Estate Investor, CA