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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 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 finding a free and clear property the next step is to finance 50% or less of the property value through a bank or private investor. The rest of the money is financed by the sellers who will carry a second mortgage. This you will pay back for them. Then you simply rent the property (for more then your monthly payments), pay the investors and seller, and keep the profits.
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.
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.
- Scott Roemermann