Not long ago I read an article that was talking about commercial real estate investing and saying that the market is super tough right now. It basically said that everyone is defaulting on their commercial loans like crazy and banks are having to take them back at an amazingly high rate.
I know why this has happened because the same thing has happened to me in my wholesaling business. The number of real estate buyers has shrunk because it is harder to find financeing. In short you are looking for cash buyers so it is kind of like going from fishing in a stocked pond to fishing it a huge lake. You really don’t know where to start fishing.
So now if you have commercial real estate, that you have to get rid of, the pool of buyers has shrunk because you basically have to find cash buyers in order to sell anything right now.
It is the same scenario as single family homes. I have wholesaled hundreds of houses but even now it comes down to finding cash buyers just like in has come to with commercial investing.
Will the lenders ever loosen again?
according to what I am hearing it may be years before they start lending again
How do I find buyers for my real estate? That is the question you have to ask yourself
Online marketing is the best way by far to gain the exposure that you need in order to find buyers for you real estate
The older generation, who happens still own the majority of commercial real estate must join with the new generation internet savvy kids and combine the wisdom and the technology to create a real estate selling machine online.
IF you can, find the right information that actually works, and there is a bunch out there that does not, then you can start building a machine that finds buyers automatically for you every day online.
You know it can’t hurt when trying to sell something with such a large price tag in this economy where financeing is tough and you are looking for the cash buyers.