re: Real Estate Investing......... New update pg 7

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Someone commented you don't find investment deals on the mls. Where do you look for them?

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You can find them by knowing realtors. If a realtor knows you have cash on hand and you're looking to buy they'll come to you before going through the hassle of listing/marketing a property. Their commission will be much quicker and only slightly less if they sell you the property in a cash sale for $100,000 instead of marketing and taking the time to find a traditional buyer who is willing to get a mortgage and pay $120,000. The difference assuming a 3% commission is only $600 (before anything gets taken out for the realtor company) and they can move on to another property/another commission.