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Updated over 8 years ago on . Most recent reply

User Stats

20
Posts
3
Votes
Brad Jordan
  • Reynoldsburg, OH
3
Votes |
20
Posts

Financing off market deals

Brad Jordan
  • Reynoldsburg, OH
Posted
Hello- I am just starting out. I am interested have been in the market for a buy and hold for about 4 months. I have submitted several offers off the MLS I haven't had an offer accepted and would I am getting into more of a direct mail, strategic approach. What is the best first step to putting a house into contract without a realtor? I am in Ohio, is there a generic purchase agreement or a place I can obtain one to present to the seller? Also, has anyone purchased a home from an off market seller using traditional financing? If so, what is your approach?

Most Popular Reply

Account Closed
  • Rental Property Investor
  • Westminster, CO
39
Votes |
124
Posts
Account Closed
  • Rental Property Investor
  • Westminster, CO
Replied

I agree with Roy - the standard contract from the State works well and avoids any potential legal issues down the line. As a side note, I'm closing on a flip property in Cincinnati in a couple of weeks (I live in Colorado, so should be fun to manage an out-of-state flip). Also, I wrote this article on BP that may help on finding off-market deals: https://www.biggerpockets.com/blogs/8592/50787-the...

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