How do I invest in multi family properties with no money down?

[Elisha Salgado]

Hello, 

I am new to bigger pockets and real estate. I'd like to know how to invest in multi family properties with zero money down?  I've seen so many advertisements. Is this even possible? 

[Jay Hinrichs]

Originally posted by @Steve Vaughan:

Mine have been 'get your money back... eventually' but never no money down. Sometimes after 10 years I got my capital back, but I did get it. 

That's what an investor means. You invest to get a return.  "I am an investor with nothing to invest. " What?

There is no such thing as no money down. Consideration must be exchanged for a transaction to even be legal.

None of your money in the deal has an extremely high cost. The price is zero, but the cost is wasted time searching and scouring and the frustration that is. The cost is a partner that gets half or more of your deal because you didn't have a lousy few grand.  The cost is a 'mentor' that goes around you and leaves you nothing because you didn't know how to protect yourself. 

Better off earning more and spending less to save while you learn.  Being broke is a symptom of eating and drinking out, the latest gadgets, fancy cars and skinny jeans. Save and earn and learn. There are no shortcuts in RE.

 it is quite amazing why folks think real estate is a space that should be entered with no money.. I understand why they think that given the pod casts  late night TV etc etc. but reality check is this is a capital intensive business.. and undercapitalized business fail most times.

Americans specifically have a very tough time managing personal debt.. and some of it is certainly regional.. IE west coast high priced compared to rust belt areas were homes are rentals are priced like used vehicles.. but even those low value assets will have running costs that will exceed cash flow many times..