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real estate investing
Is real estate investing only for the wealthy??
February 19, 2009 10:52am CST
Can you buy with "$0 down" in todays' market as the gurus purport? Yes,you can but not on your first deal!! Experienced investors are doing it. It is called taking over someone else's mortgage - Subject to - the existing underlying loan. The question is can you? So how does a newbie with no money and bad credit start? You control the property not bu it and sell your deal to another investor. How you can do that is a many step process but if you want I can start by giving daily or weekly assignments to get going in the real estate investing business. Who wants to start?