Another way to get into real estate investing with no money is by utilizing hard money lenders they usually have less stringent underwriting requirements than a bank and will loan you money for both the purchase and rehab the trade off is that they charge you a lot more in interest in my area the going rate is around 10 plus 2 points a point is 1 of the purchase price paid as a fee at closing which is significantly cheaper than it was even a few years ago as the market continues . Buy timeless real estate investing how to buy real estate without using your money credit or lender more importantly having it sold before you buy by mcnamee joe isbn 9781462069491 from amazons book store everyday low prices and free delivery on eligible orders. Bring your teenagers into your business happily sell your over financed house for a profit fast put your children grandchildren thru college without needing grants scholarships or student loans discover the secrets of buying real estate without the need for your money credit or lender more importantly have the property sold before you buy it. Another way to make money in real estate investing without using any of your own money is through assignments its not a complicated process but it does require that you have your buyer lined up before you lock yourself into a purchase contract youre going to actually make your own deal with the seller and write up a purchase contract. Related 5 top tips for creating a mutually beneficial real estate partnership how to use a partnership to invest in real estate using no money of your own finding a good partner to help fund a deal is one of the best ways to finance a piece of real estate its also one that many investors without a lot of cash begin with
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