Is it possible to find real estate deals with zero down? The answer is yes!
But the real question should be : Can I get a good real estate deal with out my own money and the answer to that is may be. It depends. All, zero down deals are not good deals. You can buy my house for zero down with $ 2000 per month payment for 30 years. But this is not the deal you want when you know the rent for my house may only be $ 1500 per month. You are looking for investment opportunities where you can get good returns and zero down may not be the one with the best returns. If you keep all your options open, once in a while you will run in to zero down profitable deals. But do not bet your whole career on those deals as claimed by real estate courses. Remember, the real estate courses make money from your tution and zero down is used to fish you to attend the course. I have taken few of them.

Here are the places you need to look for good investments. Remember, this is people business and try to create value for all parties involved.
1) Management Companies: These companies manage rental properties and know the land lords who want to sell their properties.
2) Your Add in the local Paper: Let people know that you buy properties. The add may take time up to six months for you to make a deal from it.
3) Realtors: Realtors know the properties with good investment potentials and they can call you if they find such properties.
4) Hud Houses: Hud auctions houses at a reasonable price and you can buy them for a profit at a later date. You need to do your home work with the houses being sold "AS SUCH"
5) REO Properties: The banks may sell their repossed homes at a discount. There are realtors who deal with REO properties.
6) Auctions: There are auctions that are not well advertised and you may be able to get a good value house in such auctions.

Always ask your self a question: Why is this property more valuable to me than the seller? Seller has inside information and unless you have exit policy, do not buy a property and be left with the empty bag.

Once you find properties that can create value for you, you need to find a way to buy it. The most common method is to get 90% from bank and 10% of your own money. IF you do not have 10%, you may try zero down technique.

1) Seller Financing: Ask the seller if he or she will carry 10% of the purchase price as a second mortgage. Some lenders will allow this kind of financing and give you 90% of the loan.
2) Lease Options: If the seller does not need money, he may give you the house with a lease and you make monthly payments to the seller instead of bank.
3) Private Lenders: Some investors will invest in real estate for higher returns.
4) Notes: You can write a note for the property and then sell it in the private mortgage market.

You can call me if you need to discuss financing options for the real estate deals. I work with many conventional and non conventional lenders for such deals.

 
 

 

 
  Also Check:   ZERO DOWN FIXER UPPER