Real Estate Investing / 1 posts found

Zero Down Real Estate Investing

by icuny
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Zero down? Why would a seller want to walk away from closing with nothing? Well, they wouldn't, and that brings up the most important point about real estate investing with no down-payment: The seller almost always needs cash at closing, but it doesn't have to be YOUR cash. A Zero Down Example I'm selling a small rental property right now, with payments of $400/month. The buyer has a good credit report, and the $5,000 down-payment covers closing costs and even a foreclosure, if necessary. So at this point, I don't care where he gets the down-payment. A $6000 cash advance […]