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Updated almost 11 years ago,

User Stats

39
Posts
24
Votes
Alton Williams
  • Involved In Real Estate
  • Center Line, MI
24
Votes |
39
Posts

Is the day of buying a property with no skin in the game dead?

Alton Williams
  • Involved In Real Estate
  • Center Line, MI
Posted

I'm a fairly new investor and my father is a bit of a seasoned real estate professional that remembers the days of lenders loaning money to anyone with a pulse (and even some without a pulse). He continues to tell me that the money is out here and you can still find financing for your deal without having to bring any money to the table. I have not seen this in my market (Metro Detroit area). Does anyone know if financing is available without the buyer bringing money to the table? Regardless of if it's my market or now, I am just curious as to what is going on out there.

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