How to Find Off-Market Deals as a New Real Estate Investor

The best real estate deals are rarely listed on the MLS. In fact, many of the most profitable rental properties and flips are never marketed publicly at all—they’re off-market deals.

Whether you’re just starting out or looking for your first BRRRR or rental property, learning how to source off-market deals gives you a huge competitive edge. You’ll avoid bidding wars, negotiate directly with motivated sellers, and often secure better pricing, terms, and financing flexibility.

In this guide, we’ll break down what off-market deals are, why they matter, and how you—yes, even as a beginner—can start finding them in 2025.

What Is an Off-Market Deal?

An off-market property is not listed publicly for sale on the MLS, Zillow, Redfin, or other online platforms. The owner might be:

• Thinking about selling but hasn’t listed yet
  
• Dealing with a hardship (foreclosure, probate, divorce)
  
• Renting the property but willing to sell for the right price
  
• A tired landlord looking to exit quietly
  

Off-market = less competition and more negotiation power.

Why Off-Market Deals Matter for New Investors

• Less competition = lower prices
  
• Direct-to-seller = better terms and more creative financing
  
• Avoids agents, bidding wars, and retail buyers
  
• Easier to structure seller financing, subject-to, or DSCR-friendly deals
  
• Often ideal for BRRRR, value-add, or long-term hold strategies
  

Top 8 Ways to Find Off-Market Deals in 2025

1. Driving for Dollars

Drive through target neighborhoods looking for:

• Vacant or neglected homes
  
• Overgrown yards, boarded windows, peeling paint
  
• Deferred maintenance and signs of absentee owners
  

Write down the address or use apps like DealMachine to skip trace and contact owners directly.

📌 Tip: Focus on high-rent, working-class neighborhoods near transit, schools, or major employers.

2. Direct Mail Campaigns

Send postcards or letters to targeted lists of property owners:

• Absentee landlords
  
• Out-of-state owners
  
• Owners with high equity
  
• Code violation or tax lien lists
  
• Probate property lists
  

Use services like PropStream, REIPro, or ListSource to build your mailing list. Then follow up—multiple touches increase your response rate.

3. Networking With Agents, Wholesalers, and Contractors

Many professionals get first dibs on deals before they hit the market.

Build relationships with:

• Local wholesalers
  
• Investor-friendly real estate agents
  
• Property managers
  
• General contractors and handymen
  
• Probate attorneys and estate planners
  

Let them know what you’re looking for (cash-flowing rentals, fixer-uppers, etc.), and offer quick closes or referral incentives.

4. Driving Leads Through Social Media

Create a simple post or ad that says:

“I’m a local investor looking to buy a rental or fixer-upper in [City]. No commissions. Quick close. Any condition.”

Post in:

• Local Facebook groups
  
• Real estate investing forums
  
• Craigslist housing section
  
• Nextdoor app
  
• Investor Meetups
  

The goal is to attract tired landlords, heirs, or distressed owners.

5. Door Knocking and Bandit Signs

Yes, old-school still works.

• Knock on doors in targeted neighborhoods
  
• Use simple signs: “We Buy Houses – Any Condition – Cash – Call [Your Number]”
  
• Place signs on high-traffic intersections (where legal)
  

This works especially well in markets where direct mail is saturated.

6. Public Records and Probate Leads

Check your local county records for:

• Probate cases (inherited properties)
  
• Tax delinquent lists
  
• Code violations or fire damage reports
  
• Foreclosure notices (pre-foreclosures)
  

These owners often want to sell fast and avoid the listing process.

7. Networking at REI Meetups and Investor Events

Real estate investor meetups and local REIA groups are gold mines for beginner-friendly off-market deals.

Attend local events and connect with:

• Wholesalers who need buyers
  
• Experienced investors looking to offload rentals
  
• New construction investors with extra inventory
  

Bring your criteria and a business card—or better yet, a cash/DSCR preapproval letter.

8. Use Off-Market Deal Platforms

Try digital tools that connect investors to hidden inventory:

• Privy – aggregates off-market + investor comps
  
• Connected Investors (CI)
  
• Roofstock (for tenant-occupied rentals)
  
• CREXI and LoopNet (for multifamily or commercial deals)
  

Some DSCR lenders even offer direct access to investor-only inventory—ask your loan rep.

How to Finance Off-Market Deals as a New Investor

Once you find a deal, you still need to fund it. The good news: many off-market sellers are open to creative or flexible financing.

Financing Options:

• DSCR loans (based on rental income—not your income)
  
• Hard money loans (short-term rehab or BRRRR strategy)
  
• Seller financing (negotiate terms directly with owner)
  
• HELOC (use equity from your home)
  
• Partnerships or private lenders (bring the deal, they bring the capital)
  

📌 Pro Tip: Get pre-approved with a DSCR lender before hunting deals. Sellers take you more seriously when you can close quickly.

Final Thoughts

Finding off-market deals isn’t just for experts—it’s one of the best ways for new investors to break into real estate with less competition and more flexibility.

The key is to start small, stay consistent, and focus on building relationships. Over time, your off-market deal pipeline will become your most valuable asset.