Thursday, May 8, 2008

The No Money Down Real Estate Investing Myth

The biggest question on the real estate investor side is always creative financing, how can I put a deal together with little or no money down? To be honest there will be in almost every transaction a decent amount of money down in every deal. The main objective in any real estate investing situation is to have the least amount of money down as possible and the big dream is “No Money Down”.

Although no money down sounds like a one stop solution for all investors the truth is most people will never see the opportunity to do it in there lifetime. These “guru’s” use the same tactics as the lottery, they promote the one or two people that succeeded and do not focus on the near non existent chances of you actually turning a profit. Maybe that’s why they sell CD sets and books instead of using there on theories themselves.

Bottom line, an investor real estate agent or brokerage will be able to help put you on the path to creative financing but don’t hold your breath for no money down situations.

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