Updated almost 3 years ago on . Most recent reply
Finding Seller Finance
How are you all finding seller finance deals? I have reached out to over 200 seller agents and have had 0 luck finding anyone even willing to talk about it. #discouraged
Most Popular Reply
I have always found that seller financing is based on developing a relationship with the seller. When you are searching for target and make contact with the owner it is important to show interest in the owners life. Especially senior seller's. Many senior sellers do not necessarily need to instantly cash out of their house. But you will not know that until you have spent time talking to them. Ask about their future plans. It is all about rapport. Many seller's do not even know they may be a candidate to seller finance. It is an education process. You do not receive 100 percent of the things you do not ask for! Find out their retirement plans? Ask if they would you like to make a ___return on your money secured by a mortgage on property?
As the market turns there will be many more seller financing opportunities. It is all in your relationship skills and I hate to say it, sales skills. Good luck.