Can it really work?

[Hugh Trotman]

I know this may sound like a stupid question but I really have to ask. Can a person buy a property with no money and no credit? Or at least have to have one or the other to be able to acquire property? Do you think it is impossible to buy a home or any piece of Real Estate with no money and no credit?

[Joe Villeneuve]

Yes, and no.

No for Cash:  Someone has to have cash, if you are buying all cash or partial cash (down payment).

No for Credit:  If there is a loan involved where credit is a qualifying factor, someone must be able to qualify.

Yes for Cash:  There may not be any cash involved, but if there is, it doesn't have to be your cash.
Yes for credit:  There may not be any loans involved, but if there is, it doesn't have to be your credit that is used to get the loan(s).