I am aware of the 1031 exchange, but how much are you pocketing after all is said and done?

We provide consumers with credit repair at no out of pocket costs.

ok, i want to make this short but it might run on.i re-fied my primary residence and took about $100K out.i just offered to buy my first rental and the seller accepted my offer.the offer the seller accepted goes like this.purchase price--$265K20% down--$53Kseller pays $7,950 in closing costs.i want to go with a no doc, conventional investment loan.814/804/787 are my tri-merge credit scores.one loan officer is telling me he can get me 6.5% interest only conventional investor financing with 20% down-no doc's, but i have to come with $2,000 out of pocket.

I am always hearing people say that they got started with no money out of their own pocket.

You'll find a wealth of information and lively discussion here at Bigger Pockets.

However I don't believe just shutting up and let you tell people what they think they want to hear is really helping anyone out.Now you may very well have yourself an investing techique that allows you to buy up properties without going to a lender and without coming out of pocket with your own cash.

Often times crooked landlords will not give the deposit back, and pocket it because they know people will not go through the trouble to fight it for such a small amount.

Or, if I notify A of what I am doing, I can use C money/loan to cover A, and pocket the difference.

Their agent said if they took my offer, the sellers would be 25000 out of pocket.

That carry has to come out of your pocket.