How Do You Find Foreclosure Investors?
A Newbie here and wondering where do you look or how do you find investors for the foreclosure deals?
A Newbie here and wondering where do you look or how do you find investors for the foreclosure deals?
Just place a small ad in a local paper saying "House for sale, cash only" or "need cash buyer for houses." You will get more calls than you need. Good Luck!
You can also email me, I have an investor that does out of state deals.
you can also ask for qualified or pre-approved for a loan buyers in your ad. Money is money, it doesn't matter where it comes from
[addsig]
if you are talking about buying on the court house steps, it will be hard to find money for this. First of all a tiltle policy cannot be purcased so lenders wont lend. Second, i dont know about your area, but here you have to give the trustee a cashiers check for the full amount in 10 mins!! That means you have to have a cashiers check made out to yourself in your pocket to sign over to the bank. i would like to hear if there is anyone out there taking that risk as a financier.
[addsig]
I was thinking that the foreclosure was being paid for by cash, and your were then going to sell????
[addsig]