Investing in real-estate no money down ?

Investing in real-estate no money down ?

Buffalo, NY · Member since 2013 · 26 posts · 0 votes

Hey my name is Eli, I'm 18 and I live in Buffalo, New-york, I'm new here, and im new to real-estate investing. 1 month ago, i got excited by learning that you can buy real estate without money. I started to learn how to invest in real estate, wholesaling, and etc. I haven't made any action yet due to fear, and due to not finding a mentor yet. How do i go about taking action ?

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Investor · buffalo, NY · Member since 2008 · 354 posts · 23 votes
12y

hey @Eli Hood welcome to BP! just saw you were looking for me. My email is in my profile drop me a line and I will add you to the list of folks for the meeting. Also, if you have any questions do not hesitate to email or text. We are looking to meet up in January again.

Mike

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  • Investor, Entrepreneur, Educator · Springfield, MO · Member since 2009 · 21k+ posts · 12k+ votes
    12y

    Welcome Eli, you need to read and do some studying here for a reality check, it can be done, but it takes knowledge and work. Don't get in a hurry, study first. Look for a local REI meeting, but be careful too. Best of luck. :)

  • Real estate investor · Las Vegas · Member since 2013 · 798 posts · 171 votes
    12y

    You start by learning. Now you state you have learned some strategies, and if they are sound, why havent you applied them yet? You always want to continue to learn, but at some point, you also have to jump in, test things out, re-evaluate and continue.

  • Dallas, TX · Member since 2013 · 4k+ posts · 744 votes
    12y

    Eli,

    Stay away from all the snake oil salesmen books and attend a local REI meeting.

    Joe Gore

  • Investor · San Antonio, TX · Member since 2013 · 153 posts · 36 votes
    12y

    The best way to learn is to stop reading and start doing something...

    Google real estate investing in Buffalo and you will surely find groups of people in your area doing what you want to do... go to these events as much as you can and meet people.. You will find people there who will be willing to help you out... There is too much reading going on and it needs to stop, seriously..

    Information alone can help you become aware of what's out there, but you need to go out and learn as you go to pull it off..

    Good luck!

  • Real Estate Investor · Los Angeles, CA · Member since 2013 · 2 posts · 0 votes
    12y

    Welcome Eli,

    First thing to remember is that You Can Succeed in this Business!

    Learning will get confusing but it will pay off in the end.

    Second is, "There's no such thing as free lunch"

    You can make money investing in RE without using your own money, but finding your deals may take some capital.

    Get on youtube and attend some REI meetings :)

  • Real Estate Investor · New York, NY · Member since 2013 · 103 posts · 3 votes
    12y

    @Eli Hood Welcome to BP! We have a Bigger Pockets group here in WNY. Our next meeting will be in January. If you want to learn more about it get in contact with @Michael Sherwood.

  • Buffalo, NY · Member since 2013 · 26 posts · 0 votes
    12y

    @NateGreen

    Thanks, Are you in the WNY area ?

    Also, How would i go about getting in contact with michael ?

  • Real Estate Investor · New York, NY · Member since 2013 · 103 posts · 3 votes
    12y

    @Eli Hood Yes I am. I go to college in Niagara Falls and will be working in Buffalo. Michael is on BP, you can just type in his name on the search bar and he is the only person listed with that name. When you click on his name and go to his profile send him a colleague request and introduce yourself. He's a very nice guy and very helpful.

  • Investor · buffalo, NY · Member since 2008 · 354 posts · 23 votes
    12y

    hey @Eli Hood welcome to BP! just saw you were looking for me. My email is in my profile drop me a line and I will add you to the list of folks for the meeting. Also, if you have any questions do not hesitate to email or text. We are looking to meet up in January again.

    Mike

  • Buffalo, NY · Member since 2013 · 26 posts · 0 votes
    12y

    Thanks nate and michael

    @Michael Sherwood

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