How to Start Investing in Real Estate with Little or No Money #realestateinvesting #nomoneydown #nomoney
Do you want to learn how to start investing in real estate when you don’t have a lot of money?
Well, you’ve come to the right place, because I get this question all the time, and have some actionable ideas to help you get started without breaking the bank!
I bought my first rental property five years ago.
At the time, I had very little cash to my name, and a negative net worth to boot.
Luckily, (well, kind of?) my Harley got totaled when a drunk driver decided to park on top of it while I was eating a burger inside the sports bar. This gentleman wrote me a check in person, rather than getting cops or insurance involved. I then sold the remainder of the mortorcycle to the local Harley dealership, and used this money as the down payment on my first property!
You may have heard that I got talked out of using the VA loan by a lender who didn’t really know what they were doing, otherwise I wouldn’t have needed a down payment at all.
While this is unfortunate, I was still able to buy that duplex utilizing an FHA loan and the money from my Harley incident.
All this to say, I’ve been where you are right now. Wanting to invest in real estate, but not having a large nest egg to get started.
Today I want to talk to you about some different ways you can begin investing in real estate even if you don’t have a lot of money.
Hell, I didn’t pay more than 6% down on my first three purchases (13 doors)!
Real Estate Investing Course: Recommended books and tools: - SUBSCRIBE: - Website: Instagram: Facebook: - My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: to the channel for more awesome videos!
Read More
By: David Pere Title: How to Start Investing in Real Estate with Little or No Money Sourced From: www.youtube.com/watch?v=koJZYpIxai8
