|Search Arkansas homes for sale and real estate listings,
including the MLS, your local Multiple Listing Service. Find homes,
properties and houses for sale in your neighborhood.
|Home - Resources - News
|Select Your City Or Nearest Area To Narrow Down Your Search:
|Free Credit Report
Need A Mortgage Quote
Free Mortgage Calculator
|Don't see the area you are looking for?
||Search other areas
District Of Columbia
|Buying A Home In Arkansas With No Money Down
You may have heard about no money down real estate investing before. Perhaps when you first heard this message it
struck you as some kind of get-rich-quick scheme. You may have even thought that some slick sales person was trying
to get you to purchase his video. While the latter may have some truth to it, it’s also true that no money down real estate
investing is a possibility. Many seasoned real estate investors will quickly tell you that it is possible to invest in real
estate without having any kind of down payment. In fact, these investors will encourage you to find ways to invest in real
estate without having to spend any of your money.
It may sound preposterous but no money down real estate investing is a possibility. There are many investors who have
become successful using this method of real estate investing. The reason that no money down real estate investing
seems too good to be true is because people aren’t accustomed to getting something for nothing. In today’s society
everything comes at a price, especially something as lucrative as real estate. If you want to become successful at no
money down real estate investing, you must put these kinds of thoughts out of your mind. Doubts will only cloud your
judgment and hinder your progress in no money down real estate investing.
Once you learn no money down real estate investing, you can never again use the lack of money as the reason you can’t
close a deal. Too many times, investors have lost out on thousands of dollars in profit because they didn’t have the cash
needed to close a deal on the spot, or so they thought. If a deal is a good deal, then it’s good whether you have the cash
you think you need to close it or not. Money should never, ever be the reason that you don’t close a deal.
By now you are most likely wondering how exactly you should go about no money down real estate investing. This is the
natural next question. There are many ways you can go about getting the financing you need for no money down real
estate investing. Sources for funding exist is some of the most unlikely places.
One of the most popular methods of no money down real estate investing is through what is known as double escrow.
In this process you buy and sell the piece of property simultaneously. In this method of no money down real estate
investing, the investor sells the property for more than the purchase amount. Since there are two closing processes
within a relatively small amount of time, the investor uses the money from his sale of the property to also purchase the
property. In this method of no money down real estate investing, there are some contractual details that must be worked
out. Consult with an experienced real estate investor or an attorney before attempting a double escrow.
Another method of no money down real estate investing is through bringing in money partners. Each of these partners
brings in cash for the deal and you work out an agreement to give back their principal plus a certain percentage before
spitting the profits. Then once you’ve repaid the principal, you can then split the profit however you agree with the money
When you are attempting a no money down real estate investing transaction, the key is to be creative in the methods you
choose to ensure that you do not have to pay any money out of pocket.
|Information:This real estate site uses data provided by third party listings received from REALTOR®, Real Estate
Agents, Brokers & private owners. The information is presumed accurate at the time of publishing, but we cannot
accept responsibility for data correctness or the final outcome of any real estate transaction that a visitor may incur
as a result of information provided.