How to Buy Houses with No Money Down (5 Ways)
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- Опубліковано 25 тра 2024
- If you’re wondering how to buy houses with no money down or buy any type of real estate when you’re strapped on cash, this is the video to start. Most real estate investors start in the same place-without a ton of capital. So how does an investor, hungry to get great real estate deals, find the money that can help them grow their portfolio? Simple, they use other people’s money (OPM).
Tarl Yarber, master flipper, BRRRR-er, and general real estate investor has been doing this since the start of his decade-long real estate investing career. Tarl still uses a majority of the strategies he shares today on his current projects, both as the lender and lendee. These five strategies can help you secure your first (or next) real estate deal so you don’t end up losing out on passive income simply because you don’t have enough funds to close.
What’s your favorite source of deal funding? Have you used any of these strategies in your own real estate business? Have any other questions around no money down investing? Let us know in the comments!
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3 Things You Need to Start Investing in Real Estate:
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Can You Really Invest in Real Estate w/ No Money Down?
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Grab the Book on “Investing in Real Estate with No (and Low) Money Down”:
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How I Built a $1M Portfolio Using Other People’s Money:
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How to Invest in Real Estate with No Money Down:
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@tarlyarber or / tarlyarber
00:00 Buying Real Estate Using OPM
01:49 1. Joint Ventures (JVs)
04:25 2. Private Money Lenders (PMLs)
07:14 3. Hard Money Lenders (HMLs)
10:23 Money Finds Good Deals
11:53 Have Exit Strategies
15:00 4. Real Estate Syndications & Funds
17:39 5. Creative Financing
Tarl Yarber is the top real estate expert on UA-cam. We really missed him this past year since he has posted very few videos.
he really is the best!
THIS IS SPAM. report and move on
I really needed this video! Thank you.
I have done several of these in Arizona
(1)joint-venture on a fourplex,
(3)hard money on a fourplex
and (5) seller financing on a 6 unit and a 7 unit
I haven't syndicated any multi-family deals or use private money lenders yet
Good stuff Tarl!
How do we get seller financing in this market?
@H Money the two deals that were seller-financed they were older people who owner their properties free & clear.
Just need to ask. Most people will say no but just takes one yes
Hi Jonny, how did you start? I want to start but don't know where to begin.
Amazing information! Thanks!
Thank you very much bro 🙏🏾🙏🏾
Great Video! Thank you so much
Many lessons in this video, thumbs up to this channel.
This is a great video dude. Thank you.
This was excellent
Great video 👍
Good stuff 👍🏻
I totally appreciate the valuable information you presented Tarl. Thank you so much! As a newbie Real Estate investor , you are somebody I would love to get advice from. You rock!!
Works great until you have cost overruns and the market tanks. Then you are personally liable
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
There's no such thing as no money investments, there are always out of pocket costs.
Never said there wasnt out of pocket. This video is about NO MONEY DOWN. Meaning buying the property. Not maintaining it. And yes, you can buy a property 100% with none of your money out of pocket, you use someone elses
Yes, but these guys are selling dreams & clicks.
I’m a simple man. I see you in the thumbnail, I click.
awesome!
Thanks, Great information, just got to loose the fear!!!
You are not alone that is why there is a 92% failure rate in this business. It is not that people are not smart enough...it is just they can not get out of their head. I look at that 92% failure rate as 92% less competition. Keep at it...you will breakthrough if you do not give up.
Hi how are you today.
how can I start on real estate investing whit mo money first time. thanks
I love your video
Good luck in this market competing against cash buyers when using OPM, that doesn’t mean don’t try tho bc sooner or later you will get one.
You can be a cash buyer...with OPM...
Can I use my cash out refi to invest on new home?
How do you pay back your lender with a rate & term refi?
Are you guys lenders yet? I've been in construction for twenty years and can build a house from the ground up. Been preparing to do this in North East Ohio for a few years now.
joint venture sucks
i know people who have done it it TAKES FOREVER FOR YOU to see any returns on investment
10:40 - 10:50 💀💀💀💀 I relate 100%
Can I flip houses with business credit line ??
I miss the videos, your content has been desired
Fun fact: You’re reading this comment before your even watched half the video 😂
I didn't even get past the intro
Nope. Read it 21 mins in lol
Okay I know the concept is all “no money down” but I have to ask, is it possible to do this stuff if you don’t have any money at all? Not even for down payments you just don’t have any breathing room in the slightest you need the ENTIRE deal front to back to work with other people’s money, is that even possible or do I need to pick up a second job?
Yessir
Actual investors don't spend much time on charts/trade journals and yet they make more money then others. There's secret is.... they have professional help either from a broker or mentor.
*Life hack* find yourself a professional if you care to make a fortune. I found mine *(Cassandra Ann Minervini* ) on a *CNBC* show where she was featured and with her help I generated at least $200k with proof of earning. *You can search for her if you care for supervision*
I feel like this is for flipping lol. Can I use this in rentals too????
I am a recent graduate looking to get in to rental properties on the side. Are there any good groups or mentors that work in the Indiana area? Willing to partner or find deals. Very willing and eager to learn. I am only 26 years old and want to start early making passive income thanks
That's great! Check out the BiggerPockets forums for local meetups and to find local agents: www.biggerpockets.com/forums?location=indianapolis-indiana
I'm looking for a JV partner to participate in a commercial syndication project.
So many scammers nowadays. What to do to check if the private/hard lenders are real?
He didn't tell us what a Hard Money Lender is.
give first lien ......
8 % pay back in 16 month
Same as the others no money down videos.
Do you hear how much he says during the video about money u might have 2 put come on people stop believing these people saying no money down. Realty people nobody has money to lend u .....if u get a loan u have to pay back with high interest and don't forget ur monthly bills.scams is a wholesale cash deal they take all the money ur in the same owing more money because of loan interest.
He literally said you could do 80 LTV hard money, JV for the other 20%. That's 0 out of pocket. If you want to then also find someone to hold the costs during reno or whatever then you need a partner for that as well.
@@christobar you simply calculate upfront and you don’t need partner to uphold costs during Reno. If property is being sold for 200k and Reno costs like 60 and est price after reno is for example 350ish thousand. Then just borrow 260k. How much it comes from what source ain’t important, but try from least sources possible cause then you won’t be able to pay yourself
@@stefant7967 traditional banks typically won't loan on the construction costs.
Which program for black families
Good info. Too much bad and unprofessional language. I expect better from someone representing BP.
I bet you are that guy that leaves tons of bad reviews on restaurants.
@@pitohead77 jamal and takisha
@@christophercolumbus8944 holy racist
Ur a child
What is this, church?