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Updated over 6 years ago on . Most recent reply

User Stats

67
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6
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Michael Newman
  • Staten Island, NY
6
Votes |
67
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Starting Rental Properties

Michael Newman
  • Staten Island, NY
Posted
Could I invest in multiple rental properties with the little or no money down strategies at once, say 5 to start. Assuming I have the sufficient funds

Most Popular Reply

User Stats

1,023
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750
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Jim Pellerin
  • Real Estate Consultant
  • USA
750
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1,023
Posts
Jim Pellerin
  • Real Estate Consultant
  • USA
Replied

I never use my own money to buy properties. Use vendor financing, subject to, contract for deed, joint ventures. Find motivated sellers to get properties at below market values so everything cash flows. I've done over 100 deals using these creative financing strategies. I agree with everyone. This is hard work and not a get rich quick approach, it's a get rich creative strategy.

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