The only thing with finding this type of real estate is the high prices you may find. Because real estate prices have skyrocketed in recent years, the price of a single family-owned home may be higher than you want to pay. However, there is a way out. You can actually find single family-owned properties cheap. Yes, you can practically get one that is a steal. How is this possible?
There are actually many ways you can get single family-owned homes. If you do some research and careful digging, you can come up with a few resources. Here are some resources you can try that have produced leads for other real estate investors:
- Fixer-uppers – One way to find a cheap single family type property is by contacting local construction companies. Investors don’t realize that construction companies work closely with real estate agencies, sellers, and even the city or town where you live. They have friends in places you wouldn’t be able to contact. They can find out about what properties are being sold, or about to be sold, and where the properties are located. Don’t be afraid to stop and ask the manager of a construction