Ways of Investing in Real Estate With Little Or No Money Down

Do you want to invest in the real estate business and the only thing that is stopping you from starting this venture is your inability to generate the necessary amount of cash or financing? There are ways available for investing in real estate with little or no down money. You just need to be a little bit creative in you approach and familiarize yourself with certain methods of investing that are unusual yet effective.Any successful investor will testify to the fact that an investor does not necessarily have to cough up all the cash needed for a transaction. You may not believe it at first. But it is very much possible. There are several ways in which you can invest in real estate with little or no down money. Some of these methods are stated below:Double Escrow If you have previously been involved in a real estate deal, you must have been aware of the escrow account. There is such a term as double escrow. The process means buying and selling a certain piece pf property at roughly the same time. In short, you buy a property from someone and request him to delay receipt of payment for a few days. Within that time, you find a buyer for the same property and sell it to him on a different price. The money that you receive from the buyer is used to pay the seller. The difference amount is your profit. If you are going for a double escrow deal, you must make sure that you already have a buyer of the property, before you finalize the deal with the seller.Owner’s Existing FinancingYou can use the existing financing of the property seller for your own deal. When a property owner puts up his home for sale, he usually already has a financing. You can convince him that you will assume his mortgage for a certain amount of time – until the house is sold. At that point you can use the money from sale to service the mortgage – the rest of the amount is your profit.Taking in PartnersThe current crisis has hit most of the people. The catch is that it has not hit everyone. There are still people who have lots of cash. Since the prices of real estate have fallen dramatically, it is the best time for them to buy properties. These properties can be sold later at exponential prices. You can find such persons who are loaded with cash and make them business partners – of course you can offer a percentage of your profit. Since most of the people have little or no experience of the real estate business, they will be more the willing to be your partners.Apart from the above mentioned methods, there are more options available for a willing individual to make lots of money in the real estate market with little or no down money. You just need to be an effective negotiator and a hardworking individual with a creative approach towards money making.