How to find owner financed land opportunities
If you have decided owner financed land is a good option for you but
haven't figured out the exact land you'd like to invest in, here are a few great
places to find the right property.
- www.thelandwrangler.com - obviously, this website is a great place to
start. There are individual pages for each state which contain links to
websites or listings of land with owner financing possibilities in that area.
- Local classified websites are also a very good source for finding owner
financed land in your area. Sites like Craigslist and Backpage, Oodle
and usfreeads.com all have sections to locate owner financed land.
- One place that is sometimes overlooked for finding land for sale with
owner financing possibilities is ebay.com. ebay is used by millions of
people every day and not just for every day items. I have sold
thousands of items on ebay, including several houses and cars. The
good thing about buying owner financed land from ebay is the fact that
the sellers have to maintain a reputation based on the transactions
they have been involved in previously. This gives a buyer a little more
assurance that they are dealing with a reputable seller. Another
benefit is that you are more likely to find a seller who is willing to make
owner financing payments easier to transact, by using Paypal or other
online payment methods for example. In addition to the real estate
section of the main site, ebay also has a classified section which allows
you to find land for sale in an area by typing in your location. If you are
selling owner financed land, the classified site is free to list and the
transactions are not made through the site. It is conducted similar to
the classified sites mentioned above. Although this can save money as
a seller, I will say from experience that even though the main site is not
free to list, the real estate section of the main ebay site will generally
produce significantly more page views.