Monday, September 7, 2009

Investing In Property By Purchasing Real Estate With No Money Down

Most of us don’t have a pool of money laying around for real estate investment. If that’s you but you still want to invest, you still can – by purchasing real estate with no money down. Consider becoming a real estate dealer or an information scout instead.

The way to being purchasing real estate at no money down is understanding the fact is that there’s a big difference between investment and purchasing a home. There are a multitude of ways to invest without actually spending much money.

The first way to start purchasing real estate with no money down is to be a dealer instead of a seller, meaning that you buy contracts, not properties. All you need to do is find a cheap property and sign a purchase agreement with the owner, then sell that contract to an investor. You get paid, and in general the only thing you need is the earnest money for the contract, which is essentially the equivalent of purchasing real estate with no money down . You can then flip the contract for several thousand dollars – and you never take ownership. This is called an “assignment of contract”.

Another way to invest by purchasing real estate with no money down is a double closing. Here, you would sign a purchase contract with the seller, and then sign a contract with a relator or another investor. That contract would then be sold at a higher price. When the contract is signed, a second investor would deposit the money into escrow, at which point the investor signs the loan documents. Now, the property owner has received his asking price and the dealer earns a nice profit. Double closing is good because it is an opening to begin purchasing real estate at no money down, and credit is not an issue.

A third method of purchasing real estate with no money down is to sell information, also known as scouting. No money or credit is needed because all you are doing is selling information. All investors want to learn about distressed properties and are usually willing to compensate an individual for that information. There are a few things you, as a scout, would need to provide:

- Asking Price
- Contact Information
- Outstanding Liens
- Mortgage Information
- Other information as needed

Investors will pay as much as $1,000 for good information.

Want to generate $5,000 or more in the next 7 days by flipping real estate online? Want to learn how to invest by purchasing real estate with no money down?

Watch how investors are finding, flipping, and purchasing real estate with no money down at North America’s only source for connection to wholesale deals, private real estate investors, and investment financing to grow your wealth. If you're just starting to learn about property invest I suggest this article Expert Investing in Real Estate for Beginners.

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2 comments:

  1. Like all investments it pays to do your homework before you take the plunge into property. But even with rising interest rates, a sound strategy can pay off. The shortage of rental properties, combined with rising prices in most markets, means that if you choose the right property and make sure you keep a close eye on your investment, you could reap the rewards.

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  2. Thanks for a very interesting blog. What else may I get that kind of info written in such a perfect approach? I’ve a undertaking that I am simply now operating on, and I have been at the look out for such info. real estate investment analysis software

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