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Updated almost 10 years ago on . Most recent reply

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Eric Sharp
  • Investor
  • Clearwater, FL
5
Votes |
10
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getting and paying cash for investment property

Eric Sharp
  • Investor
  • Clearwater, FL
Posted

OK so I'm a newbie and have been reading a lot but just got done reading lifeonaire and made me rethink most of what I've learned. So my question is does anybody have a plan for acquiring Cash and investing with all cash?no debt. curious to see what your thoughts are on this. Thanks! 

  • Eric Sharp
  • Most Popular Reply

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    Bryan L.
    • Residential Real Estate Agent
    • Cookeville, TN
    948
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    Bryan L.
    • Residential Real Estate Agent
    • Cookeville, TN
    Replied

    There's other ways, such as doing joint ventures and equity partnerships.  For example, what if you went out and found a good deal, negotiated it, got it under contract, and then flipped your contract to a buy-and-hold investor.  But maybe you get an equity position instead of a wholesale fee.  So, you might then own 10% of it for example.  Do this 10 times and you have the equivalent of a free and clear rental with no money out of pocket (except for your marketing).

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