High End Home Buyers?
The question is Who out there is actually buying High End Homes??? Not just taking options on them.
To me a high end home is any home that is 3x the average market value of any other home in your market?
I find houses 2-10million and was curious if there was a source of investor buyers outthere to wholesale to?
Although the market for high end home buyers isn't as large, this is done. I have done several myself and have helped other investors as well, if the numbers are right of course.
I believe houses more 1 mil or more takes on an average of 1-2 yrs to sell. So if you want to move quickly there must be substantial discounts.
I would be interested, ofcourse if the numbers are right
Thanks
I personally don't look at anything above 65%. I usually sell them in about 6-8 weeks with an auction, but I am very picky about the houses I choose.