Real Estate Investing With No Money Down

A real estate investment is possible even with limited finances. There are finance companies that would love to give you a loan and sellers that are ready to work with you to negotiate a contract.
Comments on article "Real Estate Investing With No Money Down"
Name Views and CommentsDate
T McClintock Trevor McClintock, Property Developer Belfast. 10/7/2009
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W. G. Ford David, you are absolutely right! As long as the buyer and the seller can communicate, the floor is open for suggestions. Truly nothing is engraved in stone! So, the bottom line is: If you are a buyer; you need to find a highly motivated seller or vice versus if you are the seller. 7/28/2008
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7/14/2008
Tipper IHME is a new IPO, small OS and tiny float, keep an eye on:

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11/20/2007
cnnbotha I would say that the first suggestions is high risk for the owner of the property, especially if the property is still on the owners name. Is it legal to pay of someone else's morgage or to let someone pay of your morgage in that manner? 11/8/2007
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Todd Peterson Costs Associated with Owning a Condo Hotel
Condo hotels have many of the same costs that you would find with the purchase of any other form of real estate. Typically, you have three costs. You have your monthly mortgage payment, yearly property taxes, and monthly Homeowner Association Dues (HOA’s).

Your monthly mortgage for a condo hotel will operate in the same manner as a mortgage you might have for the residence in which you currently reside. You obtain a loan, agree to all conditions and promise to make monthly payments, and then you make your monthly mortgage payments until the loan is resolved. That’s it. Just remember, condo hotel loans are not saleable to Freddie Mac or Fannie Mae and therefore carry slightly higher rates and stricter loan qualification terms.

In almost all circumstance, yearly property taxes will be the exact same for a condo hotel as they will be for traditional real estate in the same area. For example, if property taxes are 1.2% for a single family home, in all likelihood, the property taxes for a condo hotel in that same location will be 1.2%.

Every condo hotel will have HOA dues. In addition, most condo hotels also have master association dues. These expenses will be assessed to all unit owners on a monthly basis. The best part about condo hotel HOA dues is that they cover nearly everything. HOA’s will typically cover all utilities: electricity, air conditioning, water, etc. Most importantly, most HOA’s also cover the room reserves. This means it’s highly unlikely that you’ll ever be faced with an unexpected cost that you’ll have to pay for out of pocket. Other items covered by HOA’s are ground maintenance and common area maintenance.

All in all, condo hotels have all the costs that you would expect to find. The fees of ownership vary only slightly from what you would find with traditional real estate. Of course, owners of traditional real estate rarely have an HOA that covers all utilities and reserves for home repair.


Todd Peterson is the President and founder of the popular real estate site, Premium Condo Hotels
9/21/2007
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A.O.D Yah sure.... buddy! Sounds like a Lucrative practice. Then... the price of Real-Estate escalates everywhere. Mainly in the places that crooked Real-Estate agents are suspected to flee to after they've made someone elses money. Unhh...hunh! You won't be gettin any support from california. And if your thinking about a submarket for the scheduled projects for katrina.... beware of the black list. 8/13/2007
will3352 I think i'v heard of that site before 7/12/2007
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refer this article....


Here is a list of fastest growing 100 small cap companies..
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7/7/2007
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6/22/2007
Donna I like it 6/14/2007
Kingi Newton Dear David

How are you

The article you wrote was interesting and easy to understand.

I was wondering if you knew of anyone amongst your contacts that might be interested in 6 figure income generation with no money down?

Please feel free to email me direct, on kingianewtonatgmaildotcom and I can send you the details to use andor forward to someone that you know that might be interested

Yours sincerely

Kingi Newton
As of Friday 9 March 2007 at 1215pm New Zealand Time
3/8/2007
Ian Hi everyone,
I am extremely interested in working in the finance industry, and would like to know whether you guys have any recommendations for premier institutions where I can get a bachelor degree or its equivalent, anywhere in the world. What I hope for is an interactive and flexible learning environment, with engaging and approachable teachers, which will help lay a sound foundation of theoretical knowledge, analytical skills, and communication capabilities. Recommendations for courses and universities would be greatly appreciated.
Regards,
Ian
2/26/2007
Jerry So many people concentrate on HOW to do no-money-down deals that they completely ignore the question of if they SHOULD buy property that is completely leveraged. For most people it's a very, very bad idea that can end in financial ruin. You want to make money with no risk? Try hard work, paying off your debts and saving money for investments. Once you've done that, you will realize how foolish these no-money-down ideas are. 1/22/2007
Lonnie98 I have just got a free !!! book called "Little Book of Money 2007" It has really usefull info on property investment and loads of other finacial matters. It's well worth appling for if you are in the UK and interested in easy to understand independent money advice for normal people. scottishwidows.co.uk/littlebook/index.html 1/15/2007
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12/21/2006
Meinhaj Hussain I don't think its a good idea to get on a high interest second mortgage with the seller from either the buyers or the sellers perspective, but I guess if you have no options.. on the other hand, if you have no options you shouldn't be investing in real estate in the first place!!!!!! :o) 12/12/2006
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Shankar Nandy Earn a guaranteed income every month from home.No selling or recruiting, Immediate start!Get Paid for all completed work!Visit us today for details 10/20/2006
Frank In many states like California, it would be very difficult to have positive cash flow with no money down investment. You can always find angel investors or take a second mortgate to cover your closing costs.

Frank
9/7/2006
Pat Most lenders have mortgages that no assumable. What are the options in this situation? 8/3/2006
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