How to begin your Real Estate Investing Journey!

Are you interested in real estate investing, but not sure how to get started? Do you have some cash saved up, but not enough for a traditional down payment? Don't worry - there are plenty of ways to get into real estate investing with little or no money down.

Here are the 6 best ways on how to get into real estate investing when cash is scarce:

1. Buy a home as a primary residence.

You can purchase a home to live in with a zero cash down VA or USDA loan, stay there for a minimum of one year, and then move out and turn the home into a rental property. If you live in an area with a strong rental market, this can be a great way to get started in real estate investing.

2. Buy a Duplex, live in one, rent out the other.

Another option is to purchase a duplex, live in one side, and rent out the other. This will help you build up equity in the property while also providing you with rental income.

3. Create a HELOC on your primary residence or another investment property.

A HELOC (Home Equity Line of Credit) is a great way to access the equity in your home to use as a down payment on another investment property. You can typically get a HELOC for up to 80% of the value of your home, which can be a significant amount of money.

4. Ask the seller to pay your closing costs.

When you're negotiating with sellers, one thing you can ask for is for them to pay your closing costs. This can save you thousands of dollars and help you get into real estate investing with little out of pocket expenses.

5. Utilize a lender that either pays closing costs or offers a rebate on your down payment.

There are some great programs out there for first-time home buyers that can help you with your down payment and/or closing costs. These programs can be a great way to get into real estate investing with little money down.

6. Find foreclosure homes.

Foreclosure homes can be a great way to get into real estate investing, as they are often sold at a significant discount. You can search for foreclosure listings online or through your local newspaper.

If you're interested in getting started in real estate investing, but don't have a lot of cash on hand, these are some great options to consider. Generational wealth can be built through real estate investing, so it's a great way to start building your future. With a little bit of research and knowledge, you can be well on your way to becoming a successful real estate investor. Investing in real estate is a great way to build generational wealth and create resources for yourself and your family. Getting started can seem daunting, but with a little creativity and perseverance, you can make it happen. Good luck!