No Money Down Real Estate Investing: Not Only For The Rich
No money down real estate invisting is a lucarative business now that mortage rate are extremely low. It used to be a fact of real estate investing that you needed lots of money to make lots of money. Now it is very easy for anyone to invest in real estate with no money down and and earn a high income.
Does real estate investing with no money down seem too good to be true? It's not! You too could be the next Donald Trump, with just a little conviction, desire to make money, and an eye for undervalued real estate.
The Big Money Cash Close is a successful form of no money down real estate investing. A free and clear property is required, one one which there is no longer a loan to be paid off once the property is sold. Approximately 40-60% of properties are in this category, so a savvy investor should be able to find one.
Once you have found an available property, you must finance, through a bank or private investor, 50% or less of the purchase price. The balance is seller-financed, via the sellers carrying a second mortgage and you paying this amount back to them. You pay this investment by renting out the property for more than your monthly payments. You make your payments to bank and seller, and keep the remainder.
The double close is an approach to no money down real estate investing in which you serve as a middle man between a seller and the final buyer. You execute a double close when you enter into a contract to buy a property while simultaneously contracting to sell the property at a higher price. When done correctly, you are able to pay the seller with the buyer's money and keep the profit for yourself.
In earning a wage for little or no effort, two good and reliable approaches are Big Money Cash Close deals and double closes. For these, one only requires tactical thinking in terms of real estate and the simple commitment to one's financial goal. With these, and with no money down real estate investing, one can with disproportionate effort join the ranks of the millionaires.
Published April 8th, 2007
Filed in Business, Real Estate




