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Updated about 4 years ago on . Most recent reply

User Stats

27
Posts
12
Votes
Michelle Paulsen
  • Rental Property Investor
  • Boston, MA
12
Votes |
27
Posts

Down Payment Discussion

Michelle Paulsen
  • Rental Property Investor
  • Boston, MA
Posted

How can I get a place with 0% down? I am looking to get my first property and I want to put as little down as possible. I know I can do as low as 3.5% but how do you negotiate to 0%? I would love to hear stories of everyone who was able to do this!

Most Popular Reply

User Stats

120
Posts
96
Votes
Dalyn Hazell
  • Rental Property Investor
  • Springfield, MO
96
Votes |
120
Posts
Dalyn Hazell
  • Rental Property Investor
  • Springfield, MO
Replied

@Michelle Paulsen I am not the expert on creative financing, but I've heard that the VA and the USDA loan programs do not require any down payment at all.

Also, strategies like subject-to and owner financing can get you into a property with 0% down, if structured the right way.

Have you read Brandon Turner‘s book “The Book on Investing in Real Estate with No (and low) Money Down”? I recommend going through that one.

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