No matter what the market looks like, there are countless money making opportunities to make money in real estate. If you have ever thought about investing in real estate, but wondered get started with no cash, these steps will help you.
Instructions
1. Join a Real Estate Investors Club. Almost every big city has one, and it is well worth it to join! Meetings are an education experience, and a great place to network. For beginners, networking is crucial, especially for those jumping in with no working capital.
2. Have business cards made. These can be inexpensive ones, as long as they have your contact information on them. You will want these for networking with other investors, as well as the public when you begin your quest of real estate investing.
3. Educate yourself. Read everything you can on the different types of investing and decide which you would like to pursue. There are many options, and there are some that are extremely appealing to real estate investors working without cash. Examples may be, buying a home subject to, wholesaling, or lease to purchase deals.
4. Meet with a few loan officers that specialize in investors. This is important, even if you don't want to use them. This can be a great learning experience, giving you some insight to the inside world of real estate finance. You might even meet a great loan officer to help you!
5. Once you have decided your course of action, go for it! Don't be afraid! Being afraid, nervous, or doubtful is what holds most rookie investors back. Just because you don't have any money, does not mean you will not suceed. Go ahead and jump in!
