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Finding Buyers For Properties -
Category: Subject To Existing Finance, Tips and Tricks
Having a hard time finding buyers for your lease option or owner finance properties?
Don’t forget your local mortgage brokers as a source of buyers who have been disappointed by coming in just under the needed credit score to get lender financing today.
Schedule meetings with 10 mortgage brokers in your city and tell them what you do. Tell them if they can send you their customers that do not qualify today but are really close, you will pay them a finders fee when they sign with you.
In addition, this broker can work with the buyers to get their scores where they need to be and still get their commission when the buyer refinances in a few months.
This is a win for everyone. You win because you fill your houses. The broker wins because even with bruised credit they still get a home and the broker wins because instead of a dead lead they got paid!
As lenders tighten their guidelines even more, expect this to become a real lead generator for you.
Tags: real estate coaching, real estate tips, real estate mentoring, creative real estate, real estate training
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