Real Estate Investing Forums

Real Estate Investing => Financing, Hard Money Lenders, Private Money => Topic started by: gypsydogg on September 05, 2007, 09:16:59 pm

Title: Good Credit, No Money, now how can I buy a multiplex?
Post by: gypsydogg on September 05, 2007, 09:16:59 pm
I know this is asked all too often.  I've heard of people using credit cards, HELOCs, OPM.  I used to own a home, but not anymore, I bought them wrong and just sold them off.  Now I have no money, but good credit and a RE license.  I'd like to buy multiplexes for some passive income.  Would this be a REIT? What are the different ways I could buy an income property.
Title: Re: Good Credit, No Money, now how can I buy a multiplex?
Post by: reiauctions on September 08, 2007, 07:18:15 pm
Seller financing or contract for deed.  All you need to do is find mutiplexes where the owner is motivated and just wants out.  You could try marketing to out of state owners of these type of properties.