Rental Property Investor · Houston, TX · Member since 2019 · 212 posts · 149 votes
My plan is to buy a primary single family home with a wrap-around mortgage/seller-financed mortgage in a walkable area in Houston, TX. Instead of paying the 20% downpayment or in all cash, I want to offer the motivated seller all-cash for the house. What are good ways for me to find expired listings? Since this is all a private transaction, I don't think a realtor is part of this transaction. I understand that these properties may need rehab work so the seller is therefore motivated to do a creative finance deal w/ me.
I use Redx to get expireds, they are delivered to me daily for $59.99/mo. The service works great in my market and as an agent it is an extremely valuable service. If you don't want to pay a monthly fee, you could ask a local real estate agent to look up the expired's for you on the MLS. Any agent doing this for you will most likely be looking for compensation should you close a deal.