Financing

[Jaime Amezquita]

How could one buy a good investment property with zero money down? Is this realis? 

[Lathea Morris]

Hi Jamie,

You may (I use may lightly) be able to find a private lender who will consider your request. Oftentimes, these lenders are referrals and connected to someone they know well.   Generally, a down payment is required because lenders want you to have skin in the game. Regardless of the number of ads you read where a lender is offering 100% financing, you must read the fine print to find out what’s involved with the program. Ultimately, you must come out of your pocket with some money and not just for closing costs. This is especially true for novice investors. 

Good luck!