My Golden Question

[Daniel Fernandez]

Hello All I am new to wholesaling and have done much research thanks to biggerpockets of course. I have a small yet suitable buyers list and will begin my marketing campaign here in San Diego to find motivated sellers.

However before i proceed, I would rather not find properties that are upside down and require a short-sale (although i will be a licensed RE Salesperson shortly) I do not have experience with short sales and would rather not work for a broker while wholesaling.

So the Golden Question is: Since upside-down mortgages require short sales, How can I find motivated sellers who hold a decent amount of equity in their home?

I Have a feeling the NOD list will contain mostly upside-downers.

Is searching for NOD's where the owner purchased 5-10+ years ago a feasible way to do this??

[Justin S.]

There are data services where you can pull lists from. I've used melissadata.com with good results.

I would look for non owner occupied properties purchases 10-15 years ago.