I just got a call on my "looking for investors" craigslist ad. There is a company in my area who helps people find affordable housing(either those have just lost their house to foreclosure or just those who just need help). This organization works directly with investos around the area who hire them to find great deals on apartments and single family homes! Sounds familiar, right? Well, this organization is so busy, they don't have enough resources to cover all of their needs. So they called me!
It gets even better! The lady I spoke with said that the government is going to be funding non-profit organizations who do this type of work because the government wants these distressed properties sold and utilized efficiently. If the properties don't get purchased, they will eventually get demolished by the city. So, there is government money to fund organizations who can connect these types of properties with investors. If the money deosn't get spent, they will lose it. This means that their efforts will be 110% to connecting investors with wholesale properties.
I will keep you all "looped-in" as I learn more,
Cyle Greenwell, President
Max Enterprises, Inc