No money down, using OPM for first Property

[Frank Contreras]

Hi Everyone, 

Can we really get a loan from bank and not pay any down payment?  When getting quotes from different sources, they all require some type of down payment. Since I'm just getting started, I don't have the full amount of cash to fund entire project, like the season vets on here. I have read books stating "No Money Down, USE OPM". Can we really get sellers to pay our down Payments for us or is everyone just refinancing there current mortgage so they can start there investments or asking family members? How did you or how are you funding your  current or first project if you didn't have the full cash for starting out? What strategies are you all implementing to get your projects funded, when your not wanting to use your own cash?