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All Forum Posts by: Carline Lafaille

Carline Lafaille has started 2 posts and replied 3 times.

I am interested in applying for government grants to invest into multifamily units for government housing. Is this possible even without already having an established business? 

Post: Starting out in todays market

Carline LafaillePosted
  • Posts 3
  • Votes 3
Quote from @Samuel Diouf:

I would try to save up a little and start with 5% down house hacking. Buying real estate with no money down isn't the best beginner friendly strategy, and I have seen people take large losses doing so. If you don't have any money, look into becoming an agent and working with other investors. 

I definitely want to work with other investors but I’m not interested in house hacking. I want to buy commercial properties (self storage units, parking garages, multifamily apartments etc.) 

I am very interested to know how people have taken large losses through these strategies, if you can share a little more about that? 



Post: Starting out in todays market

Carline LafaillePosted
  • Posts 3
  • Votes 3

Hello All,

I am very new to real estate investing, I have a full time job making 47k a year. I have no debt, excellent credit but I have no savings.

I heard there are ways to buy properties with little to no down payment. 

For example, I heard you can use an SBA loan to put down on a property as long as you prove to the bank that you’re capable of paying it back, without using the business.

I also heard if you finance through a seller, you can get them to increase the price of property instead of paying the down payment. I heard that this can be beneficial for the seller cause it can help them avoid tax obligations.

Is this actually possible and has anyone here actually bought a property with no money down? If so, can these methods be applied in today’s market?