If you are new to real estate investing, you may know that there is a lot of money to be made in real estate. What you may not realize is that you do not have to put your own money at risk to get started. In fact, you can often get started with little or even no money down.
Strategies that make you money in real estate with little risk
There are a number of real estate investment strategies that will get you started on the road to financial freedom with little financial exposure or outlay on your part. Those strategies include:
- Using lease options. This strategy allows you to make a commitment to buy a property with almost no money down and with an extended period of time to arrange financing.
- Quick flipping houses. This strategy allows you to make money by finding motivated sellers who need to sell quickly. They are willing to sell for way less than market value. You then “flip” your contract to a new buyer who will pay you more than what you agreed to pay. In most cases you never put a dime at risk.
- Taking “Subject To”. This mean taking title to the property subject to the existing mortgage that is already in place on the property. The terms of the note that were initially created with the lender stay the same, including the name on the loan. In other words, you are not assuming the loan.
Expert advice that will help you every step of the way
Part of lowering risk is having access to–and listening to–expert advice. CRE Online is your place to receive top-notch advice from real estate investing experts that do real estate deals every day. They know the marketplace, they have their fingers on the pulse of the real estate business, and they’re willing to share their knowledge with you through our real estate investor Community.
About the Author:
[ic_add_posts ids=’9368′ template=’author_template.php’]