Owner finance?

[Stuart Bateh]

Is a foreclosure the highest statistic of closing an owner finance deal? If so where can I find a list for my area? Thanks!

[Derek W.]

Your best bet to start looking for a seller finance would probably be burned out land lords. Especially out of state burnt out land lords. You can find them by asking a title rep at any title office for a list of out of state non-owner occupied houses in your area. Then send a friendly letter or post card to the owner. There is tons of stuff here on BP about how to write a good letter and how and when to send it. I do a yellow hand made, hand written post card that says "Hi, my name is Derek and I'm really interested in buying your house on (insert address) street. Please call me. (Phone number)". That's it. Pretty lame, I know. But it gets calls. And that's all you want is the chance to talk to someone.