Lex Levinrad Real Estate Investor, Speaker, Author & Mentor

Buying Rental Properties With No Money Down

Informações:

Sinopsis

On this podcast episode I talk about buying rental properties with no money down. No money down real estate investing is one of the most overlooked and misunderstood aspects of investing in real estate. I have had real estate agents and mortgage brokers tell me that it is impossible to buy real estate with no money down. Even my own mortgage broker who refinanced my rental properties could not quite grasp the concept of what I was doing. But the topic is incredibly simple. If you find a wholesale deal at a huge discount to ARV, for example a $100,000 ARV house that can be purchased for $50,000 then you will be able to buy the house with no money down. Most people get confused and think no money down means no money down. What it really means is none of YOUR money down. In the example on this podcast we talk about how you would need around $37,000 in cash to buy and repair this house with a hard money loan, but after refinancing, you would get back that same $37,000. So effectively, none of your cash would be i