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Updated over 8 years ago on . Most recent reply

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29
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Jordan Lisenbee
  • Delaware, OH
4
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29
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Confused on how I can buy a rental for 0 down and make money

Jordan Lisenbee
  • Delaware, OH
Posted
I'm getting really confused how I'm supposed to buy a rental property for zero down and make money on it immediately maybe I'm just over analyzing things but it doesn't seem to work for me on the calculator.

Most Popular Reply

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David Faulkner
  • Investor
  • Orange County, CA
3,093
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David Faulkner
  • Investor
  • Orange County, CA
Replied

Don't believe everything you read ... by and large, making money with zero down is a bunch of guru hype to lure in newbies that are not financially sophisticated enough to recognize the dangers of attempting to do this. Rather than trying to short cut things, I'd advise taking the time to learn the fundamentals of personal finance so that you can save some money to invest, and learn the fundamentals of real estate investing so that you will know how to analyze and execute investments properly. In the meantime, nothing wrong with getting a RE license or other part or fulltime job in RE to earn while you learn ... this will be a JOB where you can make money in RE with nothing down, but not an investment.

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