Updated almost 12 years ago on . Most recent reply
creative financing
im far from a expert on creative financing. I feel using some creative finance methods I could acquire my first buy and hold with 100% financing. would anyone be ale to help me with this. if its possible that is if not any knowdledge on the subject would be helpful.
Most Popular Reply
@Shequann Burrwell Key strategies for no money down deal are
- owner financing
- lease option
- Subject to the existing mortgage
- Partner
- Private lender
The key to the first three is a motivated seller. The keys to the last two are experience and trust.
Keep in mind that just because you can buy with no money doesn't mean you can run it effectively with no money. Buying a property with no money down has a high risk of failure if you have no reserves. Good luck - Ned