rudedog11
03-17-2008, 10:51 PM
I don’t have any knowledge in real estate, but I definitely want to get started investing. I’ve been reading a real estate book which mentions discounted mortgages. It indicates to look in your local newspaper, which in my case is Los Angeles Times. After searching on two different occasions I haven’t located any. Do discounted mortgages still play a part in today’s real estate market? Were can I locate them and is it really possible that a seller would accept it as a portion of payment? Any comments would be greatly appreciated.