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Updated over 6 years ago on . Most recent reply

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Bob Berland
  • Lender
  • Lincolnshire, IL
9
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34
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Mining for Seller Carry Back Notes

Bob Berland
  • Lender
  • Lincolnshire, IL
Posted

Does anyone have a good resource for mining recent Seller carry Back Note transactions. I have looked into list providers which supply telephone numbers and addresses for recent transactions. Is there a better way to identify and communicate with those individuals who might be interested in selling their notes.

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1,530
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Andy Mirza
  • Lender
  • Ladera Ranch, CA
1,103
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1,530
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Andy Mirza
  • Lender
  • Ladera Ranch, CA
Replied

@Bob Berland There is nothing that I know of that will do this although that may change soon for some areas if Property Radar adds this to their features. See this recent thread which has some answers for you:

https://www.biggerpockets.com/forums/70/topics/618...

The only other thing you can do at this point is go down to the county recorder's office and do this yourself. It's not difficult but it's tedious because you have to look up Deeds of Trust and copy down the info in the "When Recorded mail to:" box. It's easy to tell if it's a private person or an entity. If it's an entity, you'll have to use your judgment to weed out banks and loan originators from mom and pop investors.

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