A reader, Simone, recently asked:
"Is it really possible to get started with no money down? I want to get started but I have no money. What should I do?"

Let me start by giving you a definitive "yes, it is possible". I know it's possible because I've done it myself but it's not necessarily as easy as many of the gurus would have you believe. Let's examine why and what to do about it.

The first thing we need to discuss in answering this question is the definition of "no money down". Money is nearly always needed for a real estate transaction to take place so I think most people's understanding of "no money down" is that you, as an investor, don't need to contribute any of YOUR OWN money towards the down payment on the property.

Full article… No Money Down Real Estate Investing: Is It Really Possible?

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Have you ever pondered when you should choose to borrow from hard money lenders for investing in real estate. Here's a layman's guide to borrowing through hard money loans. To start with, we will make you aware of the downsides of hard money. Later, we will introduce you to the upsides of hard money. So, keep reading……

A hard money loan will often be one of the last resorts for funding your real estate deals because you are dealing with experienced investors who are looking for good returns on their money. That means it is generally amongst the most expensive money you can borrow.

Full article… Hard Money Loans: What's it all about?

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