Investing with low/no money down

[Paul Hillyard]

Hey everyone.

I’ve been into Kris Krohn’s videos on his “modified” lease option method for some time now. I just got off the phone with a private lender, and we’re trying to figure out...

How does an investor manage to put something as little as 5% down on a property?

Obviously a down payment this low is incredible for cash flow on a lease option, but how is it achievable?

For “regular” lease option deals, where I’m assuming investors put 20% down, does the investor intend to collect an option consideration that covers his original down payment?

Burning questions. Thanks in advance, BPers!

[Rick Pozos]

I think the problem is that you are ASSUMING things. Dont assume that the seller will NOT owner finance the property, ASK. If they are willing to take a payment now and monthly payments for the next 120 months, then you ask how much do you need right now??

Not all sellers need or have to have full payment in cash at closing. Ask for it 100 times, and you might get it 3 or 4 times, maybe more. Just ask, dont assume that they need a large down payment.