First lets go over that actual logistics of an owner financed deal. There are a couple ways you could buy with owner financing.One option is a Land Contract: In this scenario the current owner or seller keeps the deed in their name. They sign a purchase contract with the buyer with agreed upon terms and the title will not transfer until the terms have been completed, usually years down the road. This scenario is much safer for the seller as the seller has an easier job of taking the property back if the buyer defaults on the payment arrangements.The second option is for the buyer to purchase the property with a private money mortgage from the seller. In this scenario title transfers just like it would with a traditional sale. The seller acts just like a bank would and places a recorded mortgage on the property. This scenario is better for the buyer as title is immediately placed into their name and they do run the risk of the seller being able to place additional liens or encumbrances on the title like the seller would be able to do in a land contract scenario.u00a0 Now that we got that out of the way we can get into finding owners who are willing to sell you properties via owner financing. Direct mail and online advertising campaigns telling people that you buy houses is the best way to get in front of these sellers. You will want to target owners who own properties free and clear. If there is an existing mortgage on the property it just won't be a good use of your time shaking that tree.