Our firm works with institutional SFR buyers.
We work with all the big boy SFR players but have found a new type of institutional buyer.
This buyer will buy/fix/flip about 200/month. They have institutionalized the flipping process.
They proofed up to us quickly and have the capital.
The buyer will buy in the United States nationwide, but has principle interest in the larger areas. The buyer will actually buy in "any MSA". They even have houses in Alaska!
MSA is Metropolitan Statistical Area.
If you have any agent friends or wholesalers that may be interested, please forward this email.
In essence, the criteria they are looking for:
SFR detached only
1978 or newer
Retail sales ARV between 150-650k.
Prefer to do their own rehab
Can be listed or off market SFR properties
No rural areas
This buyer will make overnight offers and have proofed up very quickly upon request to our firm.
ACP NCND is required by you.
Please email your signed agreement to participate on the training conference call.
glynn @ amcaplive.com
Want to up your income? Have listings or no listings? No problem!
The buyer will look at Fannie Mae and Freddie Mac houses and if you get the closing, you receive the buyers agent fee from Fannie/Freddie. If you’re the listing agent and the buyers agent on these, cha ching!
If it’s just a good deal, but not a Fannie/Freddie house, no problem.
So here's an overview recap:
* We'll teach you our buyers system to input the information. It takes me less than 30 mins to input a house into their system. A CMA, photos, rehab price estimate/guess, along with estimated end sales price they can sell it for quickly is the hardest thing needed.
* When offer is received from buyer, you prepare the offer to submit.
* Facilitate any closing paperwork.
We will hold a training conference call on Friday June 20th to walk through the property submission process.
To your success,
R. Glynn Williford
American Capital Partners
731-574-1107 conference line 7411 pin