Do you have some cash buyers who are looking for rental properties to add to their portfolio? If so, that is great, but do you know how to run numbers that will not make you look like a fool? If you run numbers like you would for a Rehabber, you are going to miss the mark and possibly lose that cash buyer. You must speak “cash flow” to the Landlord. Meaning, you must show them the cash flow is in the deal you structured and the deal actually meets their investment criteria.
Now, how do you do that? Keep in mind, you want a Landlord to keep coming back to you for repeat purchases. The better your structure the deal and the easier it is for them to do a cash out refi, the sooner they will come back to you for their next deal. Talk about credibility and repeat business….huh!!!!?
I have outlined the 4 steps to go through to calculate the offer. You will want to show them the details of the deal.