How To Pay Full Price And Profit

John Behle - How To Pay Full Price And Profit: "If you want to make things work really easy, look for a property that is for sale that has a large, existing privately held mortgage. In other words, a property that was sold fairly recently with a large amount of seller carry back financing.

Millions Through the MLS

To find these properties is much simpler than you might think. Plug in your computer modem, call the Board of Realtors Multiple Listing Service computer and search for properties with private loans. In my state, it is a simple process to search for who the loan is made to. It won't give the name if it is a private loan, it will just say 'private.' It is also possible to search for 'loan type.' I search for 'CT' which stands for contract, which is a Uniform Real Estate Contract or Contract for Deed. Ninety-Nine percent of the time, that means there is a private party on the receiving end. "
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