Alternatively, in addition to the per diem in § 17 (Possession) for failure of Seller to timely deliver possession of the Property after Closing occurs, Buyer may elect to treat this Contract as being in full force and effect and Buyer has the right to specific performance or damages, or both.22.

You can stack your personal 50%s up for separate ventures while still knocking out deals without your own capital2) Read Raising Private Capital by Matt Faircloth3) One LLC with the S Corp designation to pay yourself a reasonable salary from the flip profits.

Several people told me I shouldn’t do this, but it’s one effective way that helped me scale up to 29 SFR in 9 years.

Also, if you form an LLC to hold the property, you will need a designated agent(attorney) in that state. 

Even the most expensive property managers are EXTREMELY cost effective if you really think about it!

It has good integration, is cost effective, and the direct booking feature is pretty good!

However, in order to do this effectively, you have to have knowledge, experience, resources, and cash reserves in case things don't go exactly as planned.Hopefully this post was helpful to you in seeing a realistic example of how to purchase real estate without using your own money.

You would likely have to do a ground-up construction for a design you are proposing.

These are people whose full time job is to effectively manage the assets on behalf of the investors. 

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.