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Updated almost 9 years ago,
Seller Financing in Kansas City Area
Hello fellow investors!
I've recently moved to the Denver metro area and purchased a 3 bedroom, 2.5 bathroom townhome for about $300,000. I rent out the extra 2 rooms and garage, which drops my mortgage payment to about $400 per month. I live in a really nice place for cheaper than renting while gaining equity, which is why I did it. The housing market here is really competitive and expensive, making it hard to find investment deals. I lived in Overland Park, KS the majority of my life until I got a huge job offer here in Denver.
It seems the cash flow in KS and MO is better. I'm interested in finding seller financed deals in the KC/MO area. Potentially Raytown, Independence, or south in areas such as Gardner, Olathe, Lee's Summit, Belton, Raymore. Does anyone know how to find these deals? I could wait until I save for another bank mortgage down payment, but that would slow my growth considerably. I've looked a little bit on craigslist and sent some emails to owners posting their own houses. I haven't had many responses. What can I do to improve my search?
I appreciate you taking the time to read this. Please let me know if you know where to find these kinds of deals.
-Rick