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Updated over 8 years ago on . Most recent reply

User Stats

28
Posts
1
Votes
Orlando Jordan
  • Specialist
  • Shelby Twp, MI
1
Votes |
28
Posts

I want to do options

Orlando Jordan
  • Specialist
  • Shelby Twp, MI
Posted

What is the best target list for lease options prospects should I foucus on a list of owner occupants for my direct mail campainge 

Most Popular Reply

Account Closed
  • Investor
  • Orlando, FL
780
Votes |
1,351
Posts
Account Closed
  • Investor
  • Orlando, FL
Replied

When you get an owner that wants all cash then ask them what are they going to do with all that cash? If they say they are going to invest it. Then ask them at what interest rate are they expecting to get. Typically they will say put it in the bank and get less than 2%. Then you ask them how would you like to get 4% with very little risk? Then explain the benefits of selling you the property with owner financing. 

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