If you have been successful finding and locking a house up on contract but, you were unable to assign it afterwords then this post is for you. Actually, in this market, I feel that if you go through all of the work to lock up a house on contract without finding a buyer first there is a very good chance that you have just wasted a lot of time. Now I know that some people have assigned contracts in their REI careers but how many people have done it in the last 3-6 months? People are scared to buy now. The market has changed. Once you create a list of motivated buyers "THE WORLD WILL OPEN UP TO YOU". I have assigned several deals in the last 4 weeks. The longest it has taken me to find a buyer was 6 hours. Now anytime I feel like making some quick cash then I JUST DO. People get all excited when I assign a house and make $10,000 but the reality is that it is not that hard to do if you will just go find the buyers first. That is the secret.
Here is a very interesting fact. In the area that I invest I have met several people that went through Robert Kiyosaki's seminar programs. These people have spent over $10,000 for a 3 day seminar to learn how to assign a contract! Guess what-everyone that has been through that wholesaling seminar has locked up deals in my area but, NOT A SINGLE ONE OF THEM HAVE MADE A DIME YET. No one can get the contract sold fast enough. I am in the same market and because I have a buyers list first I assign them with ease. It never even goes through my mind that it won't sell-because I already know it will sell. So in closing-make life easy-go find the buyers first.
You've got to find your obstacles and call them out! Unsheath the sword, and do battle with whatever it is that holds you back!