Friday, October 2, 2009

Learn How to Purchase Real Estate With No Money Down



It is difficult for a novice to believe that there are ways to purchase Real estate with no money down. The deal structuring is the technique used to achieve this objective. It is important to learn this technique to purchase Real estate with no money down, as it involves the investigation of the deal and a knack of understanding where the main “meat” resides. It revolves around getting the feeling of where sellers’ main objectives and motivation lie. Once you get the feeling clear in the head on Sellers’ objective and motivation, the next step is to identify the best approach from the ones given below to effectively purchase Real estate with no money down.


1) Flip: The way of flipping houses means find a potential buyer and subsequently find a suitable property. Publish the ads for property and buyer which would result in getting the list of property on sale and buyers who are interested to purchase Real estate with no money down.


2) Partnership Deal: The percentage cut could be a mutually agreed figure after a mutually agreed partnership is arrived between people having same or similar objective to purchase Real estate with no money down.


3) Lease Option: This option is available quite frequently to using the so-called “sandwich lease option”, details of this is available on various sites. In order to purchase Real estate with no money down, this option has the flexibility to provide a later payment option on a regular basis.


4) Carry back by sellers: This option can be used in case the cash exchange is desired. This involves doing second seller carry back. Hence, though, in this option the money exchange happens but feeling of purchase Real estate with no money down sets in as can be seen below.


5) Subprime financing - Many national lenders will provide financing at 70% with poor credit and won't verify money down. So when you want to go for a real estate deal nothing can be a better option to do a purchase Real estate with no money down.


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1 comment:

  1. I found it quiet interesting ,Thank you for posting the great content…I was looking for something like this…, hopefully you will keep posting such blogs…
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