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Buying a Rental Property with NO Money (Real-Life Example)

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Real Estate Rookie

Everyone wants to know how to buy rental property with no money down, but is it even possible? Noah Bacon and Anson Young brought us a reallife real estate deal to prove that you CAN get no money down rental properties that’ll even pump out some monthly cash flow. These two investors, one a rookie and one an expert, will sit down and go piecebypiece through this deal and give their take on whether or not they’d invest in it. But a better question is: would you?

This deal was submitted to us on the BiggerPockets Forums. Even with the low cash flow, it’s looking like a home run, but what happens if a big repair eats up all that profit?

Here are the quick numbers:

$130K duplex buyandhold investment
Cash invested: $0!
Financing: 75% bank financing, 25% seller financing
Cash flow: $200/month!

Want to know how you can find a deal just like this? Stick around!

And, if you have a deal to share, post it in the BiggerPockets Real Estate Deal Analysis & Advice Forum: https://www.biggerpockets.com/forums/...

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Join BiggerPockets for FREE
https://www.biggerpockets.com/signup?...
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Find an InvestorFriendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find InvestorFriendly Lenders:
http://biggerpockets.com/findlenders
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Post Your Deal in The BiggerPockets Forums:
General Forums: https://www.biggerpockets.com/forums?...
Real Estate Deal Analysis & Advice: https://www.biggerpockets.com/forums/...
Real Estate Investing Success Stories: https://www.biggerpockets.com/forums/...
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How to Buy a Rental Property With No Money: 10 Strategies for Real Estate Investors:
https://www.biggerpockets.com/blog/bu...
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Grab Anson’s Book, “Finding and Funding Great Deals”:
https://store.biggerpockets.com/produ...
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Connect with Anson:
BiggerPockets: https://www.biggerpockets.com/users/A...
Instagram: @younganson or   / younganson  
YouTube:    / @ansonyoung  
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Connect with Noah:
BiggerPockets: https://www.biggerpockets.com/users/n...
Instagram: @makinbaconrei or   / makinbaconrei  

00:00 How to Invest with $0
02:23 Financing the Deal
05:11 Where to Find Seller Financing
07:11 $50/Day Late Fees?
09:09 Would We Buy This Deal?
10:53 Connect with Anson!

posted by notGaxtrounty2e