Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

14
Posts
3
Votes
Fulton Recepcion
  • Falls Church, VA
3
Votes |
14
Posts

Private Lenders without money down

Fulton Recepcion
  • Falls Church, VA
Posted

I have been taught that some private lenders do not require money down.  

How do I find these lenders?  The ones I find online all require some money down.

Most Popular Reply

User Stats

43,301
Posts
63,959
Votes
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,959
Votes |
43,301
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

if they dont require money down.. then you still have to have EM and closing costs IE title escrow points.. and then normally they will also make you front the draws and get reimbursed. AS well as the draws will be rigid in their requirements.. so other than family or friends you need some money to do real estate.

Oh and the no money down lenders that do advertise no money down. generally will only lend 65% or so of their opinion of value and that almost always has you having to bring in some cash to close.

business profile image
JLH Capital Partners

Loading replies...