How I Bought an 18-Unit Apartment With No Money Out of Pocket

I am sure you have heard people talk about “no money down” deals here on BiggerPockets. The skeptics would say, “That can’t be done in today’s market!” Well, it can be done! Here is my story of how I purchased an 18-unit apartment building with no money out of my own pocket. It is the biggest deal I have done (so far, of course).

Related: The Book on Investing in Real Estate with No (and Low) Money Down

In this case study, I tell the story of how we found the deal, how much we raised, and how we were able to achieve this goal. I made sure to provide specifics, which I hope you find helpful. I also share a few tips for all those that are interested in making this happen for yourself. It is not rocket science, but you need to have a great team, strategy, and plan in place.

[Editor’s Note: We are republishing this article to help out our newer readers.]

What do you think: Is this a strategy you would use to acquire real estate? 

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