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

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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.

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