Hey everyone, I keep seeing videos and posts of people saying it's "easy" to get a property with no/low money down but I haven't been able to find a specific way of doing so besides house hacking. Does anyone have any information on how to obtain loans with little to no cash down? I understand house hacking/FHA loans and seller financing, which are awesome choices, but is there any other ways to get a bank to loan money out without a 20-25% down payment? Thanks guys!!
It's simple, but not easy.
If you already own the property then you can take the equity out of it and use that equity as a down payment, or there are some lenders which can go up to 90% LTV
Finding real estate to purchase with no money isn't the problem. The real problem is that people who don't have the financial discipline to save money to put down for purchases won't be successful in real estate in the long run.