Is real estate investing only for the wealthy??

United States
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?
1 response
@agrant10 (1446)
• United States
19 Feb 09
I would like to know.
@agrant10 (1446)
• United States
20 Feb 09
Are you a real estate agent? Are you or have you been a bird dog?