HOW TO MAKE $72,000 BUYING A HOUSE FOR TOP DOLLAR RICHARD ROOP
How to FIND Great Free & Clear Deals
My best method for generating calls and emails
from prospects is to send small, cheap postcards
The first step is to find sellers who own free and
with my proven “free and clear owner” message.
clear homes. You can order a mailing list based on
Once you create an account with a good mailing
property type, loan to value, market value, zip
list provider you can download a list and mail a
codes and owner type. Then you can target these
batch
owners using direct mail.
www.click2mail.com in about 30 minutes. I’ve even
of
postcards
all
online
using
hired a staff member to do it for me and my clients,
Think about it. Even folks with free and clear
so it can be all “done for you”.
houses have to compete against distressed
properties being offered at a discount, not to
How to Raise Cash for Free & Clear Deals
mention the challenges of finding a qualified buyer
with today’s stricter bank lending guidelines.
With this strategy you’ll never have any of your
own money tied up in a property. We fund each
Our primary “target” is absentee owners. This has
deal with a small private money first mortgage and
always been a good list (for all types of investing
a larger owner carryback second.
strategies) and you’ll get the bonus of finding
“retiring landlords” with multiple free and clear
Every deal needs some cash, so we raise this cash
properties.
from the small private money first. This amount includes