How many of you are struggling to find private investors? Why struggle any longer, your courthouse has a huge database of people with money who are currently investing in real estate!!!
If you do courthouse research you will need to go to the land records department, which is commonly known as Recorder, Register of Deeds, or County Clerk. In this office, you can search for the security instrument which is what secures a loan to a property. Security instruments can be called Mortgage, Deed of Trust or Trust Deed.
Typically, if you find these documents have a private party, trust or small company associated with it, it is a loan that was done or bought by a private investor.
Yes, these people have money to invest in real estate and can be great sources to buy your seller financed notes on your rehab projects or help you get into properties or being a money partner.
You will find their name and address listed on the phsyical document. You can send out direct mail pieces to these people.
Oh if you would rather not do courthouse research, you can buy leads that are pulled from your local county courthouse from a data mining company. There are alot of companies online that provide this service for a fee. Some will allow you to narrow it down and be very specific. Some areas they may not provide this data for, due to the availability of the information from that courthouse. I have used dataquick.com in the past for this information.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125