#1: Putting the Deal Together - No Money Down Lease Options

#1: Putting the Deal Together - No Money Down Lease Options

If you are looking to get into real estate but are unsure how to overcome the obstacle of a large down payment, you will want to take this first step in understanding how to invest with no money down. Acquiring rentals properties while keeping your cash is a great way to get started building your real estate portfolio.

Some sellers are happy to receive a monthly income without the headache of managing tenants. Understanding the numbers and how to put together a profitable deal is key when it comes to getting rental properties with no money down. Owner financing can be a good option for buyers and sellers, but there are risks. Although it is very enticing, it is easy to make rookie mistakes without a solid fundamental understanding of the mechanics and pitfalls of these transactions.

While it’s not common, seller financing can be a good option for buyers and sellers under the right circumstances. Still, there are risks for both parties that should be weighed before signing any contracts.

If you’re considering owner financing, it’s generally in your best interest to work with a real estate attorney who can represent you during negotiations and review the contract to make sure that your rights are protected.

Learn what information you need to invest in real estate with nothing down

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What you will learn

• Identify what parts of a deal to negotiate.
• Create favorable financing options.
• Put together an offer to a seller.

Rating: 3.92857

Level: Beginner Level

Duration: 30 mins

Instructor: Lance LaGrange