Using Realtor to purchase seller financed rentals

[Account Closed]

My husband and I would like to start investing in rental properties. There are a lot of duplexes in our area that have a good return. We have excellent credit and have the income to get approved through a conventional loan. However, we do not have the 20-25% down payment required for investment properties since we recently bought our own house and paid for our wedding.

Is it possible to use a real estate agent to find seller financed properties? Are they discouraged from wanting your business since seller financed properties are harder to find? Please feel free to offer advice that might not be related to the realtor question but could help us get started.

Thanks!

[Eric Mayer]

I kick too many tires to use a realtor. I’m under contract on an 8 unit with 15% down owner financing which wasn’t mentioned in the listing. I couldn’t have a realtor waste time contacting people that don’t even mention owner financing in the listings. I just closed on a 4 plex with 15% down owner financing as well.