RE Agent/Emerging investor Montgomery, AL
Hi everyone, I am a Realtor and a Mortgage Consultant in Montgomery, Alabama. Over the past 3 years in the business I have learned alot about how the business works and what motivates people to make their decisions. With the down turn in the market Ihave recently seen a lot of people giving away the equity they have built up over the years, like they don't expect the market to return in the near future and many have demolished their credit prior to selling, thus leaving them with very few options other than renting with the mortgage guidelines becoming more strict. I am interested to know what techniques are used to locate homeowners and investors who are willing to do owner financing or hard money lending. I would greatly appreciate any responses.