buying first multi family out of state
I am looking to get a property owner financed... When i send out direct mail, i only have about 100 different people to mail to that have 100% equity. I was going to go further out of my state, maybe across the country to potentially find a good deal..
Opinion on this?
Most Popular Reply
@Devin Mann if your local market is so small, expand to your state or near by states, as far as you are comfortable with.
@Ray Lai has a good point above me, track these 100 down and call them, email them, send letters to their homes and even show up in their offices if you have to. Owners that have no debt will only do owner financing to someone they have built rapport with and feel comfortable.
Keep in minds, you're probably not the only one hitting them with a postcard so you have to find a way to stand out and be willing to do what others don't...