subject: Want to Invest in Real Estate without money or credit? [print this page] There are many ways to get involved in real estate investing when you dont have money or credit. But before I talk about how you can get started without money or credit, lets talk about one of the most important things to keep in mind at all times. That is, make sure you stick to your criteria and know you have a good deal before moving forward. Many people get sidetracked by the next greatest thing. Pick your strategy and stick with it. Focus is crucial to your success. You also need to be make sure you have a great deal before moving forward with it. One way to know you have a great deal is to ask experienced investors what they would offer for the deal. If they are offering less than what you are looking at, you need to lower your offer. All deals should be so good that you can easily raise the money or credit needed to get the deal done, not using any of your own money. Here are 5 ways to do deals without using your own money. You find the deal, and they lend you the money to make it happen. What you bring to the table is the deal and the sweat to get it done. The crucial part here is having buyers lined up who can close quickly on these deals. Once you increase the value in the property, or the value appreciates, you can then exercise your option to buy the house. The seller will become the bank, you as the buyer make payments to the seller until the house is paid for or refinanced in the future. These are only 5 of the many ways to buy real estate without money or credit. Go out there and make offers on real estate using these techniques. As always, be sure you have a great deal before moving forward.
Want to Invest in Real Estate without money or credit?