How do I buy investment houses to rent out with no money down???

[Adam Mazzochi]

I’m a contractor and have two apartments already in two different locations. I want to purchase a lot of houses to hold and rent out to build a huge amount of equity for retirement. Seems that banks want 25 percent down to start. I’m a winner and need the opportunity to succeed but I keep hearing the same thing lol 25 percent down to start. Anyone have any thoughts or advice :-) ???

[Charlie V.]

No "easy" way to go about getting a property for 0% down for an urban area. That is generally agreed upon as one of the shaky financial decisions that contributed to the 08 crash. First, you should look for different types of loans than conventional ones requiring 20% down. Look for the FHA loan (3.5% down) to finance a multifamily that you can live in the first year to meet their requirement. There is also the USDA loan (0% down) but you need to meet location requirements since it is meant for "rural and agricultural" development. You could get seller financing if anyone is willing to work with you on 0 down.