Sep '24 • General discussion
5 Ways to Buy Real Estate with No Money Down
Yes, you read that right—even apartment buildings and hotels!
Since 1999, I’ve been using these techniques to buy properties without spending my own cash, and now I want to share them with you.
“No money down” isn’t some scam. It's all about being creative and making deals happen. It's a mindset—being resourceful and not letting limited capital hold you back.
The key is to understand that the money for a real estate deal doesn’t have to come from you. Here are 5 ways to make it happen:
- The Money Can Come from the Seller: Think owner financing or joint ventures. I've closed deals where the seller financed the entire purchase, meaning I put $0 down.
- The Money Can Come from the Existing Lender: Sometimes, you can take over the seller's mortgage or do mortgage assumptions. It's a great way to leverage existing financing without needing cash upfront.
- The Money Can Come from the Deal Itself: If the property has equity, you might be able to use that value to finance the deal. For example, with my $110M hotel/condo project, we pre-sold condos to raise funds.
- The Money Can Come from Other People: Private investors can be your best friends. I’ve raised capital for deals by connecting with investors, even finding my biggest backers through social media!
- The Money Can Come Through Multiple Sources: Combine different methods to make the deal work. This could mean using prorated rents, getting a second mortgage, or even leveraging peer-to-peer lending.
If you’re ready to dig deeper into this topic and learn how to apply these strategies in real life, join me for a Masterclass tomorrow, September 18 at 8 PM EST.
We'll go over these techniques in detail so you can start buying real estate with no money down. Just comment "No Money Down" below, and I'll send you the link.
0
0 comments
5 Ways to Buy Real Estate with No Money Down
skool.com/apartment-investing-4128
This group is all about sharing apartment investing secrets.
Powered by