Is it possible
Is it possible to purchase foreclosures or any property of that matter with very little or no money done metheds. if so please let me no I want to buy my first investment ASAP thank you
Is it possible to purchase foreclosures or any property of that matter with very little or no money done metheds. if so please let me no I want to buy my first investment ASAP thank you
No matter what other people say, most of the deals that I have done had to have money up front for something. Don't let this discourage you though. Some of that up front money can be borrowed from a friend or relative, etc.
In general, foreclosures are not good first investments unless you are buying an REO at a good price for cash. The laws are technical and every mistake will cost money.
I'd suggest using CRE investing methods to build a pile of cash, and then go for the foreclosures. Try acquiring the houses in the pre-foreclosure stage so you can use your no-money-down techniques.