Non-MLS deal financing

[Jonathan Morrell]

The general consensus is that the best deals are found outside the MLS(and often times distressed), and this is a logical hypothesis. My question is, to those who have closed non-MLS deals, for the most part have these been financed through hard money or cash?

It seems like they most likely would be or what reason would a seller forgo listing on the MLS and getting the most he/she could?

For the purposes of this discussion, I am talking less 400k properties or close to that(ie not really large deals which wouldn't be eligibile for conventional financing anywyay