Real Estate Investing with no Money for Beginners
You’ve probably seen advertisements on how you can make it rich with real estate investing with no money. It’s true, there is a lot of money to be made, but not everyone strikes it rich. Without a well thought strategy and knowledge of the real estate industry, it can be impossible to make any money.
Real Estate Investing with no Money
The journey doesn’t begin until you take your first step and in real estate investing, this means arming yourself with as much real estate intelligence as you can. This way, you can make smart deals no matter your credit score, your bank account or even your income.
Whether you are learning how to get the Fair Market Value (FMV) of a home by running comps in the neighborhood or understanding what a lease option exit strategy is, it’s important to know what tools are available to you. Some people can feel limited without liquid capital to buy investments and if that’s what is holding you back, then consider yourself free.
There is a strategy that isn’t too well known, but if you’ve been reading my blog, you know probably know it. With subject-to deals, you can get a home where the seller pays you to buy it! Certainly, this situation isn’t common, but it’s possible. So if you are not familiar with what subject-to deals are, I recommend further reading this blog and many more like it or get my Unlimited Funding Kit, which only costs you $0.99.
Real Estate Investing with Subject-to
If you are not leveraging subject-to deals, then you are going to need to rethink your whole real estate investing strategy.
Subject-to Investing with No Money
Before you can start using the subject-to strategy, also known as “subject 2”, you have to understand what it is first. A subject-to means the existing financing that a homeowner has setup is taken over by an investor. Which means, if you are buying someone’s home, you will take over the mortgage from the seller.
This probably sounds incredible! Why isn’t everyone doing this? Well, not everyone is reading this blog and they are not looking up real estate investing strategies like you. However, knowing there is a strategy available to you doesn’t mean you’ll utilize it.
If you know about this strategy, you might be asking, “What is the next step?” It’s looking for motivated sellers.
Without a deal, you can’t use this strategy. So how are you going to find these deals? By finding motivated sellers! A motivated seller can be anyone who owns a home and some circumstances are making them motivated to sell their home.
There are numerous reasons someone can turn into a motivated seller. They can be going through a divorce, they may have received a promotion and have to move to a different city, they might be upside down on their home or close to foreclosure… Whatever the reason might be, there are always motivated sellers. And with every motivated seller comes the potential for a profitable deal for you.
Can you do real estate investing with no money? Yes, you certainly can. With the right knowledge and strategies, you can start investing in real estate today. If you need more guidance, I recommend downloading my Investor Kit. If you’re interested in subject-to deals, learn what steps you should take after closing a subject-to deal.