Odd question: how can I invest in real estate without taking a loan ?

Question

Hello All,

nice to meet you all. That's my first day in this community. I hope I find the advice I am looking for. I am aware it might be an odd question.

I am interested in real estate investing but I am not sure if I could make it and that's why I am reaching out for help. For religious reasons, I don't want to take loans as it's forbidden in my religion (Islam). In particular, loans with interest. I am not rich neither to start alone.

Not sure, is there a way to invest without taking loans? Any advice on how hard will it be taking that fact into consideration? Any successful muslim real estate there could advise here on how he/she handled it?

Thank you all.

Eliott Elias · Answer

Cash. Build a pool of investors who are in the same situation as you and build as much cash as you need to fund your endeavors.

Chris Davidson · Answer

@Baha El Far build up your cash. Ways to get started in real estate without a loan or cash. Look at a master lease where you are renting a property that you in turn rent to a different party to make a spread. This can help you figure out if you really want to be a landlord while making cash. Another partner with someone who has funds but not the time. Look at REIT's, or lending what money you have out to for rehabs (to folks you trust and the deal makes sense) and build up your cash while learning about the game. Best of luck!

Theresa Harris · Answer

You could buy cash, go in with partners, buy a REIT.

Baha El Far · Answer

Thank you. Already messaged you. Appreciate your advice.

Jeff Nash · Answer

I am not sure about your overall financial and tax situation but can you borrow from yourself? I can expand on that with more information.  Feel free to message me if you would like.

Odd question: how can I invest in real estate without taking a loan ?

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