Best ways to find Seller Financed properties?

Question

What do you guys suggest as the best locations or methods to find seller financed properties?

Michael Quarles · Answer

Do you mean pre market or post market.

Post market I would use a escrow/title company to pull a list of seller financed deals.

Pre market I would pull a list of absentee owned high equity and convert their rent collection into a mortgage collection. Filter for aged owners.

The media of my choice is yellow letter mail. Message is fairly simple.

Mike Nelson · Answer

Gene - when you submit offers from MLS for owner financing are you offering them full price?

Gene Hacker · Answer

I have bought a couple owner financed properties this year on the MLS. I just write up offers asking for owner financing. Most say no, but once in a while they say yes. Like all real estate investing...it a numbers game, the wider the net that you cast the more likely you will land the big one.

Bryan Hancock · Answer

Yellow letters and bandit signs are the best methods I have found.

Best ways to find Seller Financed properties?

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