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No Money Down Real Estate Investing: Opportunities For All

  • Written by financeexpertfinanceexpert No Comments Comments
    Last Updated: October 20th, 2007

    With mortgage rates at an all time low, no money down real estate investing has become a lucrative business. In the past, real estate investing was a way for people who had a lot of money to make a lot more. Luckily times have changed. Now anyone can take part in this money making opportunity to invest in real estate with no money down.

    I assure you that real estate investing with no money down is not an opportunity that’s too good to be true. If you have a good eye for real estate, some conviction, and a money-making drive, you can become as rich as Donald Trump!

    The Big Money Cash Close is one method of no money down real estate investing. To succesfully make a Big Money Cash Close, you must first find property that is free and clear, in other words, a property that no longer has a loan to be paid off after a sale. About 40-60% of properties are free and clear, so finding this type of property should be easy.

    After you have located a property that is free and clear of any loans, you must secure your own loan through a bank or private investor. This loan should represent a maximum of 50% of the property value. You will also secure a loan from the sellers for the remainder of the value. Simply stated, the sellers will obtain a second mortgage which you will pay. You then secure a tenant for the property and generate sufficient rental income to pay your expenses and return a profit.

    The double close is one reliable method of approaching no money down real estate investing. This double close approach requires one to act between a seller and a buyer as a middle party. Your role disconnects the seller from the buyer by agreeing the deal with the seller separately from that with the buyer. Crucially for the double close investor is that the price agreed with the buyer is higher than that with the seller: the difference is precisely the money earned by the investor.

    Big Money Cash Close deals and double closes are just a couple of the many ways that you can basically make money from nothing. With some basic real estate strategy and the drive to make money you can easily be the next millionaire using no money down real estate investing.

    - Scott Roemermann

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