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Updated over 9 years ago,
Little to No Investment Capital - Rental Properties
Hello all,
I'm excited to have recently joined BP. I'll quickly introduce myself. My name is Mikael Winkler, and I live in Columbus, Ohio. I've been brokering commercial retail spaces for about a year, with moderate success. I've certainly learned to be comfortable with rejection, for what it's worth! My true interest has evolved into investing, particularly in rental properties. The only major issue - I have little to no capital.
My main question is - has anyone had experience starting to acquire rental property with no capital? I'm currently looking into duplexes, probably living in the first one and renting out the other unit. My main concern in lacking capital is any unforeseen repair costs that may arise. Any guidance would be greatly appreciated. Thanks!