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Updated over 8 years ago,
Finding Owner Financing
Hi everyone!
I was wondering what avenues you've found to find deals with property owners who are more likely to seller finance/own their property free and clear. I'm a new investor and I've been analyzing deals for wholesale, looked into low money down options like FHA, but since I have little capital to get myself started with my first house hack, I believe my best option to be a seller financed multi family.
Finding MFR with full equity seems to be a shot in the dark though. I was wondering how you all have found seller financing deals in the past. Do you go to the city and look at property records? Do you call a massive list of property owners and just hope one
Of them owns free and clear?
I did call a few companies who manage a large number of properties for their owners and asked if they have any clients who are looking to sell through seller financing and was told I'd be emailed should something that was similar to my criteria become available, but I want to be more proactive than that. Any advice helps! Thanks!