As a new investor, it might be hard to believe that real estate can be purchased for no money down. 

This doesn’t necessarily mean “no money down” in the literal sense, it means none of YOUR money down. The money could be coming from another source like a private lender. 

Typically, a buyer would purchase a property with a downpayment and a mortgage for the remaining amount of the purchase price. However, there are some scenarios where the funds must be paid in cash, such as with bank-owned properties. 

If you don’t have access to a large amount of readily available cash, then you may want to look to a private lender to fund your deals. 

Unlike a traditional lender, private lenders are more concerned with the details of the deal than with your credit score. 

There are different exit strategies to consider other than the typical fix and flip as outlined in this article. 

Read the full article here. 


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