✅ No risk, no cash out of pocket✅ You work with, cooperate with, the homeowner instead of negotiating against them✅ No tenants and toilets✅ No maintenance or repairs✅ Short-term deals with sizeable assignment fees✅ Those fees can fund long-term strategies like buy-and-hold or fix-and-flipIf you’re an aspiring investor looking for a low-cash entry point into real estate, Cooperative Assignments are an effective strategy.  

Multifamily can work although "no money down" on such properties usually involves a syndication which may be no money down (or low more likely) but given it's a partnership, isn't a 100% financed deal.Of course, no money down deals for flips still make sense, but that's a different matter entirely.

I do find it odd that as a fellow Realtor, you mention "fat commissions."

Lowe's just came out with their biggest appliance sale of the year- up to 40% off.

Financing Your First Flip with Low CashHard Money Loans (HML): Covers most costs but requires 10-20% down, with 10-12% interest.

If the deal is very fat due to our deal finding ability...we will bump up our fees.

That is why it is hard to get regular real estate loans on assets valued so low, the cost of the refinance makes it so you are paying higher than they can legally charge you percentage wise.

When I did my first house hack in Columbus I showed very low income on taxes. 

Every flipper has found themselves at Lowe's for the fourth time in a single day, picking up yet another piece of material for a project.

I had similar with duplex and ended up having to foot the bill but it was determined the break was on my property and resolved with yard excavation and a fat repair bill.