How do i buy real estate with NO money down?

Question

How do i buy real estate with NO money down?

Answer 1

Get a 80/20 loan.  2 separate loans.  The 20 percent is the normal 20 percent down, and the 80 percent is the loan.  Ask the seller to pay closing costs.  The banks are pretty picky right now with the housing market the way it is.  You have to have a high credit score to get a loan now.  We have bought many properties with no money down.  So many ways to do this, I can't go in to all of them.

Answer 2

Apply to a bank and see how much they will lend you.  What percentage.  Lending standards are getting tighter now so you may not be able to do this any longer...

Answer 3

Look for a loan provider that offers no-deposit home loans:

http://www.quickdirect.com.au/Content/No...