How to buy investment rental property with no money down? Have you heard that buying
an investment property with no money down is impossible? Well, it is not impossible. Most
people just have no idea how to actually get it done. But I have done it over and over.
And I'm going to show you exactly how to do it and tell you all the secrets. Let's go.
I'm going to give you a detailed step-by-step process on how to buy
an investment property with no money down. I'm going to share with you proven investor tactics
and I'm going to share with you my dirty little secret on how I got over 42 rental properties
without using any banks. So, real estate investing has been life-changing for me especially when I
truly became a real estate investor and stopped thinking like a civilian. Real estate investors
make money off of real estate and they don't look at real estate the same way that most people do.
As a real estate investor, we look at properties in a much different way to see how much money we
can make off those properties and create win-win situations for ourselves and the people that we're
buying from. As a real estate investor, I've been able to help hundreds of family out of situations
where they were in a property that they either could not afford, was falling apart, or they
needed to get rid of quickly. Additionally, I've been able to make a ton of money in the process
because I've been helping them and growing my wealth and my rental portfolio in the process. But
when I first started out investing in real estate, I was not thinking like a real estate investor.
Although I was fixing and flipping houses, I was only thinking of it that way. I never really got
into real estate investing thinking the right way. Focusing on property problems and finding
properties where I can make the most profits. I used to kind of think like a real estate civilian.
I was just like you guys. I watched a lot of HGTV. I saw those fix and flip shows and in fact,
when I first started fixing and flipping, I did make money. I started off in 2002-2003.
So, the market was very different back then. I was able to overpay for properties overpay
for the repairs and still sell the property and make a profit. Well, boy, did my mistakes come
to light when the economy changed. It forced me to really start thinking like a real estate investor.
I ended up losing everything. I ended up with foreclosures, bankruptcy, and back in my parents'
basement. I was making so many mistakes that as soon as the market changed, I lost everything.
But now that I think like a real estate investor and I only buy properties that I can get for
pennies on the dollars. In high appreciating areas, I buy the best properties for the lowest
amount of money. And that is what has changed my life and the reason why I'll never be broke again.
So, like I said, I started investing for my parents' basement. I ended up while I was
bankrupt foreclosed and licking my wounds, I ended up getting a coach that taught me a very
important thing about real estate investing. He taught me how to wholesale. But more importantly,
he taught me how to find people that were having an issue with the property
so that I could get those properties for pennies on the dollars. I started targeting people that
were in pre-foreclosure and in foreclosure. This allowed me to get those properties (in some cases)
for just the amount of money that they were passed due on the mortgage. Because they were losing the
property to foreclosure anyway and I could relate to their story and tell them what happened to me,
I was able to get those properties under contract either to wholesale them
to fix and flip them or turn them into rental properties. Because they were also in foreclosure,
I was able to help them get their credit back on track without going through the awful process of
foreclosure. Again, focusing on a property problem and creating win-win situations
change their life and mine. This is truly how a real real estate investor should be thinking. So,
step one to buying an investment rental property with no money down is going to be the same lesson
that I learned. You need to focus on a property problem. Like I said, when I first got into it,
I started focusing on people that were in pre-foreclosure in foreclosure. But now I
can tell you there's a laundry list of different things that people are going through that will
allow you to do the exact same thing that I did. You have foreclosures, pre-foreclosures,
bankruptcy, divorce, inherited homes, probate (for example), tired landlords. Literally, landlords
that have to evict someone. Those people are ripe and I've gotten tons of properties with tenants in
them for pennies on the dollar because I focus on a property problem. So, take a moment and
think about it for a second and tell me what type of property problems you're going to focus on.
Again, this is the key to actually getting rental properties and making a ton of money in real
estate without spending very much money. So, go ahead and type that below for me. I read all of
the comments and I really want to help you guys through this and throw out some different ideas on
how you can do it for the market that you're in. So, let me tell you the power of a thing called
"Subject To". As I mentioned before, I was able to get over 42 properties without ever having to
use a bank. I bet you're wondering how I did that. Well, like I said, I was focusing on people that
were already behind on their mortgage payments. So, I would send them letters, put out signs,
mail flyers different things like that. Marketing and targeting to them on their exact pain.
I would put in my marketing things like, "Are you behind on your mortgage payments?" Pretty simple,
right? And they will respond, "Yes, I am." That way, I could start purchasing those properties
"Subject To". Let me tell you what that means. Subject to is a concept that we use in real estate
investing where we purchase the home subject to the existing financing staying in place. Meaning,
you buy the home however the mortgage stays in place. You take over those mortgage payments.
We call it TOPS or taking over payment system. It's a system where we contractually, legally,
and ethically purchase the home and we keep that mortgage in place so that we can either
get on the title and then refinance it out of their name or do some lease purchase options
or get the property in our name yet the mortgage stays in that person's name. That way, we don't
have to go to the banks, we don't have to do with income verifications, we don't lower our personal
credit scores. And I'm going to give you a super amazing tip so that you can do this even faster.
So, the new and improved way that I want to teach you because this is the biggest secret
and how my students are doing this faster than I did it. You can use business credit.
You literally can start building business credit, get business funding, and use that money to catch
up those mortgage payments and take over those payments. This way you can show those sellers that
you have all of the money and you're secure in what you're doing so you don't feel this anxiety
about taking over someone's mortgage payment and not being able to make sure that you can pay it.
It's very important that you do have the money to catch up those past due mortgage payments
and be able to pay the mortgage forward even if your tenant doesn't pay. I literally was able to
get properties for just a few thousand dollars by catching up the pass-through mortgage payments,
paying those payments myself then putting a tenant in them and they were paying even more
than what the mortgage payment was. And again, I did not have to use one bank. No one checked
my credit. And I use my business credit to do it. Then after 6 months or a year or 2
years whatever me and the seller negotiate it, I will put that mortgage in my business's name.
Boom! Okay, so now that I have blown your mind with all of this great information, and shared
all of my secrets, told you all of my business. If you need a little bit more information,
I've actually created an entire course that goes through all of the step by steps of this
and even gives you more ways on how to target and find these people that are having these
property problems for free. Check out this free training at noellesfreetraining.com.
Again, that's noellesfreetraining.com. It's a full course that i created just for you so you can have
all of the information, all of the tools, and all the resources that you need to be successful.
Also, go ahead and make sure you smash that like button because I just told you all my business.
And subscribe to my channel. This is Noelle. To your success.