Make them give you a non-refundable deposit when they sign the contract.If you find a buyer that is getting a loan, make them give YOU a substantial non-refundable deposit and don't allow any contingencies or don't allow the contingency period to extend more than a few days.

The security deposit which comes to me at closing could be part of that which makes it easier for the tenant to become a buyer.

In no time you'll have your deposit money ready to buy your first apartment building.

At that point you flip the paper and get your deposit money and your commission back.

If I buy a property from a developer 100K below market value,can you ask the developer to use the discount as a gifted deposit,to act as a no money down deal,or does anyone know how to aqire a property from a developer for no mony down.

Purchase Offer:$300,000.00 $225,000.00 New first mortgage (or possible option of assumption and or with increase of existing first to 75%)$50,000 Second mortgage (carried by vendor for 5 years interest only at 8%)$10,000.00Initial Deposit$5,000.00Additional Deposit following condition removal$10,000.00Balance5.

Purchase Offer: $300,000.00$225,000.00 New first mortgage (or possible option of assumption and or with increase of existing first to 75%)$50,000 Second mortgage (carried by vendor for 5 years interest only at 8%)$10,000.00 Initial Deposit$5,000.00 Additional Deposit following condition removal$10,000.00 Balance5.

You're goal is to use your small deposit to be able to go to a bank and get the biggest loan you possibly can.

I think their term of "flipping" is referring to the speculative "investors" that put deposits down on homes, then sold them months later for 5 digit or 6 digit profits."

It feels like free money to me...All they seem to want me to do is show up for 40 hrs a week and money gets deposited into my account every 2 weeks.