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Buying Property with No Money Down

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(New page: The rule of thumb when it comes to real estate investing and buying properties with no money down strategies basically works like this. You either need money, or, you need real estate inve...)
Current revision (07:14, 10 January 2013) (view source)
(New page: The rule of thumb when it comes to real estate investing and buying properties with no money down strategies basically works like this. You either need money, or, you need real estate inve...)
 

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The rule of thumb when it comes to real estate investing and buying properties with no money down strategies basically works like this. You either need money, or, you need real estate investing knowledge (no money down strategies), or preferably both. If you have neither of these then you're basically out to lunch. It's going to be very difficult for you to have success or buy any property with no money down without solid real estate investing training. The key is that if you want to be successful, build passive rental income, and start to buy houses, condo's, and sometimes even apartment buildings then you need knowledge. That's where having the best training and mentor ship can give you a key advantage. This is also how you can start buying property with little to no money down, you just got to know the strategies. That's where the specialized training at Real Estate Investing comes in. Once armed with this real estate investing know-how you too can start to look at buying properties with using no money down strategies. And lets face it, if you can learn how to buy a actual house or condo with little to none of your own money that's the formula to getting super rich. Here's why; to get rich you need large amounts of good debt working in your favor. So in other words a mortgage is considered a form of good debt because it's on an asset that's generally is going to appreciate in value over the course of time. Also the rental income coming from the revenue property is paying down that good debt each month. And even though it's good debt, it's still debt that you owe, so you want it being paid down, and eventually paid off. But my point is that if you can start to acquire properties, one by one, using no money down strategies then gradually you'll build up a large amount of this good debt. And each day they'll be a widing gap on your financial statement between how much your properties are worth (your equity) and how much your good debt has been paid down. That gap is how much more wealthy you're becoming day by day. Eventually when it comes time to retire you can do so in style because you'll have a large amount of rental properties that you bought using no money down strategies. So again just to recap to get into real estate investing you either need: money, or, knowledge (and if you have both it's even easier). But you need one or the other to do real estate investing, that's the bottom line. Otherwise you'll be risking it, you could lose your shirt; not to mention you won't know where to begin. Again this is why having property training is so important when you're just getting started. I hope you found this article informative and now you can learn this REI and no money down strategies by visiting Real Estate Investing No Money Down and Real Estate Investing Courses