Friday, November 6, 2009

Where do I find buyers who cannot qualify for a loan to purchase a home?

I am an investor with a group of investors who have have real estate properties around the US, mostly single family, townhomes and condos. One of our investment strategies requires finding buyers who are not able to qualify for a traditional loan. With us, the only need 3 payments and closing costs to qualify to get into one of our properties and own a home. My question is how do I go about finding these buyers and/or establishing relationships with agents and lenders to work with their unqualified buyers to get them into a property and make it a win win for all parties involved?

Where do I find buyers who cannot qualify for a loan to purchase a home?
We get these potential buyers you described every day. Post your contact info, and we can consider you as an option on the next one. Once we see how that goes, we'll see if it makes sense for both of us to continue the relationship.
Reply:I have a few, I always have had some, I'll drop you a line. Report Abuse

Reply:What areas are your homes in?
Reply:Advertise in the local classifieds. Offer a 1% referral fee to Agents. Get someone to put one or two in the mls for you.





best of luck, this better not be another rip off of poor people!!


Or I'm gonna.............
Reply:E-mail me I have a link to send you. You will gain access to a large organization of real estate companies and mortgage companies. With the service that you are providing, you will be a main point for us to ask for help for our client. Just E-mail me on this system, click my icon.
Reply:There are a lot of people who can not qualify, there in a van down by the river.
Reply:My husband and I are retired and have fair credit but low income maybe we are the people you are looking for. We might consider relocating. Please e-mail me more info.


I guess this was a good place to look for "buyers who cannot qualify for a loan to purchase a home", huh?
Reply:I'd post things on craigslist.org. It's free, and heavily trafficked.





Or small classified ads :"been turned down for a mortgage? call ......"





Should be enough to get the phone to ring


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