Absentee: Properties where the owner does not live there.
Apartments: Buildings with 5+ units.
Attached: Properties that are attached, or connected, to other properties, such as Townhomes and Rowhomes.
ARM: Properties where the owner has an adjustable rate mortgage.
Bad Credit: Properties that are owner occupied by people with bad credit.
Bank: Properties that are owned by banks or other financial institutions.
Bankruptcy: Properties where the owners have recently filed for bankruptcy.
Bored Investor: Absentee properties that have been owned for a long period of time.
Business: Properties owned by a business, such as a corporation or LLC.
Cash Buyers: Properties that have likely been bought with cash.
Condo: Apartments or houses that are individually owned within a building or complex.
Detached: Residential properties that are detached from other properties, commonly known as Single Family Home.
Elderly: Properties whose owners are 50+ years old.
Empty Nester: Properties where the owners children have moved out.
Foreclosure: Properties that have gone through the foreclosure process and have been foreclosed on.
Free & Clear: Properties that are owned without any mortgage.
Good Credit: Properties that are owner occupied by people with good credit.
Government: Properties that are owned by federal or local governments.
High Equity: Properties that have 40% or more equity.
Individual: Properties owned by individual where the title is in a persons name.
Land: Lots of land where no buildings or construction exists.
Long Term Owner: Properties where the owners have lived there for 30+ years.
Low Equity: Properties with 20% or less equity.
Multi-Family: A property with 2-4 units inside, such as a duplex, triplex, or quadplex
Mobile Homes: Prefabricated one-story property that can be transported
New Landlord: New unprofessional investors that have property under their individual name and have owned for 2 years or less.
Potentially Inherited: Properties that have characteristics of being potentially inherited either from parents-to-children or from spouse-to-spouse.
Pre-Foreclosure: Properties that are going through the foreclosure process, but have not yet completed the process. Check your state and county laws for rules about marketing to these leads.
Private Lenders: People who have been identified as having significant capital holdings which can be used as a funding source for your deals.
Renters: People between the ages of 21-45 with a household income of $100k+ who are currently renting an apartment or house.
Trusts: Properties that are held in a Trust.
Unknown Equity: Properties that have an unknown amount of equity. These are often overlooked by other investors.
Unknown Property: Properties that have no classification. These properties could be residential, commercial, land, etc., but they are very rarely being marketed to.
Upside Down: Properties that have a mortgage balance that is more than what the property is worth.
Vacant: Properties where no one is currently living at the premises.
Zombie: Properties that are both vacant and in pre-foreclosure.
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