But I occasionally will get a deal I would just like to wholesale instead.

Occasionally, I have sellers who want to confirm that buying “Subject To” is okay and that everything is on the up and up.

Drill down to specific zip codes avoiding both war zones and "McMansion" areas....unless that's your niche...most deals are going to happen in bread and butter areasAbsentee Owned 40% equity or greater 0-50% All Combined LTV (a good combo with the equity filter; can help eliminate things like HELOCS and second mortgages, other things that will eat up equity)Find median home price for your area (I do it per each Zip then average) and set maximum market value, or assessed value no more than 50k higher5 + years of ownershipSingle Family (Property types>Detailed Property Types>Residential>SFR......I do it this way because ListSource occasionally has trouble differentiating Condos from detached homes) No Corporate owned Include Trust owned - Trusts buy and sell as much as any one elseIf you need more names, save this search with a unique name first, then go to the options tab and select Owner Occupied, then the demographics tab and select Age 65+, Change Length of Residence to 10 years+This will give you high equity owner occupants ready to downsize.Once you have the list, you'll have to bring it somewhere else to get phone numbers, but I really urge you to think that through first....I know there's big buzz about cold calling right now, but the buzz does not line up with my experience.

. - Do my first deal all cash or nearly all cash, spending $75-90k on a duplex (includes any rehab costs) - Immediately use the equity in the home to finance another, slightly larger (or nicer) property in the same area - Rinse and repeat until I've met my goals - Occasionally flip properties if the opportunity is there (as I have the skills and experience to do much of the work myself), but main strategy is buy, hold and rentSo, a few questions:- I know there are about a million and one ways this'll go off plan, slightly or entirely, but at a high level, is this a sound strategy?

The list characteristics are as follows30-100% equity5 year ownership or greaterSFR, occasionally duplexes, tris and quads.

Let them know that you have money for them.Youll certainly want to Facebook the person and occasionally you'll be able to call the owner thru Facebook..

One I break occasionally is renting to someone with a bankruptcy.

The catch is that I don't (yet) have the capital for additional investments, but occasionally find some great deals.

Occasionally a claim can go over even $1M liability so this is when it's good to have the umbrella.I hope this helps!

I also agree that it is not easy to find them and if you want to predominantly work the MLS it will help a lot to be an agent yourself.Sure if you are doing a lot of other things and are just working with some agents to get the occasional MLS deal then yeah might not be worth getting your license.I have a license and can't imagine working listed properties if I had to rely on a buyers agent to find properties, get me into them on a reasonable time frame, get me the comps to figure out ARV then write up the offers for me.