Updated over 3 years ago on . Most recent reply
Investing with no money down
Very excited to start investing in rehab's and rental properties. I have been analyzing 20 properties a day minimum. Problem is, no money. Solution, need a partner/investor. Question is, what comes first? the deal or the investor? What would you recommend my first step should be?
Most Popular Reply
Deals come first, I find all of mine on the MLS. Until you have a proven track record people need to see the deal, they wont just give you money to find one. When it comes to finding deals on the MLS you need to be creative, don't just look at other properties that investors have listed, dive deep into zoning and regulations. Maybe you could make more if you rent by the room, Maybe you can build an ADU and rent that out as well for extra income. Be willing to get creative and also know you might not be making much if anything for a while. Until you have money of your own be willing to work for cheap to build that equity and get a proven track record.