Do Hard Money Reviews the 18 People to Ask for Flip and Fix Referrals

As a house flipper, you aren’t going to discover your best finds on MLS or other listings. You want to find out about a property before it’s listed and start negotiating a deal before you have competition from other real estate investors.

The way to do that is by actively seeking referrals. Do Hard Money reviews the 18 people you should be cultivating relationships with and always asking for fix and flip referrals.

1. Property management companies

These companies work with property owners and may know who is ready to quit the rental business and sell.

2. Estate attorneys

After the death of an elderly parent, adult children who inherit a house often want to sell quick and split the cash.

3. Moving truck rental companies

Moving truck offices are a great place to post your “we buy houses” flyers or drop your business card, usually in exchange for a kickback for the rental company.

4. Builders and contractors

Contractors and builders can point you to someone who started an extensive renovation or addition project but ran out of cash to finish it and just wants out.

5. Probate attorneys

When someone dies without leaving a will, the estate is settled by a probate attorney. In this situation, the family may prefer to liquidate all assets, including property.

6. Hard money lender

Do Hard Money and other lenders are great resources for house flippers, because we can occasionally have properties we need to sell.

7. Hedge funds

Many hedge funds snap up properties in a favorable market but don’t like holding them long term. They are happy to sell some houses fast.

8. Buyer’s agent

Contact every buyer’s agent in your area. Let them know what kind of property you are looking for, and follow up to find out what they know.

9. Private lenders

When a borrower doesn’t keep up with payments, the property often goes to the lender, who often doesn’t want to deal with it. Contacting lenders in this situation can create a win-win.

10. Life insurance agents

Life insurance agents can connect you with a family that has lost a loved one and doesn’t know what to do his or her house or that needs to sell it fast.

11. Funeral planners

Like life insurance agents, funeral planners and directors know of people who need help getting rid of an unwanted home during a difficult time.

12. Roofing and plumbing companies

These companies may know of clients who got in over their heads in a big project and would rather sell than finish it.

13. Senior or assisted living financial counselors

Seniors and others moving into assisted or independent living communities might be looking for a painless way to sell their houses and get more cash.

14. Divorce attorneys

These attorneys’ clients often want to get fast cash for their home, which they can split after a marriage ends.

15. REO agents

This type of agent often knows of properties before they hit the market and can tip you off.

16. Short sale agents

These agents can point you to a potential deal before the properties are listed on the market. Check back often for leads.

17. Bankruptcy attorneys

Bankruptcy can be a difficult time, and people in this situation often want to sell their homes quickly to get cash for debts.

18. Mortgage Broker

Mortgage brokers and bankers may know of people who are being forced to sell or of people who can’t refinance due to poor credit.

Build relationships with people in these industries. Some may refer their contacts to you for help selling their homes for a variety of reasons, such as a tough life transition or a need for quick cash.

Interested in getting help with your fix and flip project? Read more Do Hard Money reviews of related topics, or call us for a free consultation!