Are Craigslist and eBay still good places for real estate investors to buy and sell property?
I say, YES! But you need to know the right techniques and strategies to increase your visibility online and sell your properties fast, even in today’s market.
One excellent way to broaden your market and increase your pool of buyers is to offer seller financing. Seller financing used to be much more common a few decades ago when interest rates were much higher, but it never went away totally and it’s making a come-back these days in our post-housing-bubble period. Offering seller financing means you, the owner, are acting in place of the bank – instead of a buyer going to a bank to get a traditional mortgage (which is hard for many people to do these days) – you, the owner work out payment terms with the buyer and effectively finance the deal yourself.