I believe that I have a good working knowledge of sub2 deals and how to make them work and how to make them profitable. My problem lies in this. Where do I find prospective sub2 sellers? Are they mostly FSBO homes or properties for rent or maybe even people advertising as RTO?. Any advice on this would be appreciated.
Geoff
Well you could look at preforeclousers they are very need to selle people !!! The down side is they are more then likely behind on payments and you will need to get it refied as soon as possible or resold This would be unless you have the funds to bring the note current on your own
Hi GB,
Marketing is tough sometimes. Let’s see if we can help! :cool
First off, I believe any advertising you see with RTO (Rent To Own)
is probably from another investor. You might get lucky with a FSBO
or with a property to rent.
I use bandit signs primarily and focus my
marketing towards certain segments. For instance, I will market in
and around neighborhoods that have a lot of military families. You
can easily determine this by looking at the cars for military stickers.
Then I tailor my signs to appeal to that segment. Something like…
Just Got Orders?
Have To Move Now?
XXX-XXXX
This is the language military personel use. It demostrates an
understanding of this group verses an untargeted…
We Buy Houses
Any Condition/Any Reason
XXX-XXXX
I hope this helps.
Is anyone having any luck finding sub2 deals on Craigslist, either by responding to FSBO ads or by placing “I buy houses” ads?