All Forum Posts by: Isaac Barrow

Try to build a buyer base, evaluate how good the deals are based on the market, put yourself out there a bit 

What Roland said. Try to use social media to your advantage, and really get your feet on the ground. That will separate you from a lot of other people who won't do the work. 

you just have to do a lot of digging. That includes marketing, being at REI meetings, having an online presence, and there are so many other people digging for off market deals, so you have to find a way to separate yourself from the competition somehow

 Just call everybody you can get your hands on and see if they can lead you the right direction. good luck!

I would use skip tracing, try to find relatives maybe?

Two separate purchase agreements. One is the "AB" agreement between you and seller, one is "BC" between you and end buyer

Like Nicholas said, you can do a double closing, which allows you to use buyer's funds. Some title companies do it, some don't, I'd just vet the title companies you're thinking of using

Like Mike said, this isn't unusual at all. Title company will get a payoff - just make sure seller understands that what they're getting isn't a GROSS amount, in other words if the seller has a mortgage for $17k and they're selling it or $27k, make sure they understand they're getting $27k before the mortgage is paid, not after. Good luck!

I would say you have to have a great marketing strategy, work ethic, and most importantly, be able to provide a service to your buyers and your sellers. There's money in it for you, but don't be greedy and burn your bridges over 500 bucks, like Nick said. If you work with serious investors, they have to know that you're out for their best interest and not just out for a fee - of course that's what you're in it for, but you need to also make sure they're getting a good deal. If they feel that, they'll buy from you again and again. 

I wouldn't recommend it. It's hard enough to know what a great deal in your market is, but it's even harder to know what a great deal in another market is, in addition to not having as much access to buyers, title companies, sellers, etc. If there aren't that many great deals where you live, I'd just hang low and wait it out for the time being or maybe branch out into looking at deals you wouldn't typically look out. There are always deals out there if you dig some