Little or no money investing

[Shani Dixon]

Hello everyone, I would like to find out more about little or no money real Estate investing.  Has anyone had success starting out in this way and knows how it works? Can you really start investing with little or no money? How do you obtain funds from other sources? Thank you. 

[David Faulkner]

Here's the issue I see with it ... if you have little or no money to invest, then it most likely means that you have not yet mastered personal finance or managing money. If you are not good with managing money and try to buy an investment with little or no money down, that is 99.9% surefire recipe for disaster IMO. Another thing, let's say you do manage to acquire a property with little or no money down, then it rains and you discover that the roof leaks and needs to be replaced ... what do you do then? Just because you bought it for little or no money down doesn't mean that you can afford to hold it with little or no money. The worst reason in the world to invest with little or no money down is because you have little or no money to put down, but that is the reason a vast majority of folks on here do it. Master personal finance, save some money, then invest ... don't try to shortcut around these critical steps, it is like trying to build a 3 story house on a sand foundation without first pouring any concrete.