No Money Down Is Possible

Wholesale Real Estate - Fairfax VA: You’ve seen it a hundred times. There’s advertising out there that makes the claim that you can invest in real estate with no money down. Is this really possible? Well, maybe and maybe not. This depends on what you call money down.There will always be expenses in the real estate investment business, just like there are in any business. The cost of advertising, training, closing costs, finders’ fees and more are going to cost something, even if you can avoid making a down payment on a property.

You can find ways to acquire money to use for the investment business. Deals can be struck that include a waiver of closing costs and fees and the down payment can be arranged from other creative sources. While the no money down concept that many seminars want to teach you is primarily designed to get you into the mix by encouraging you, you need to know that even if this does cost you some cash, the big picture is one of possible success in the end.

The down payments usually necessary on property are what may stop some people cold in their tracks. It would be discouraging to many if they believed that they would have to come up with 20% or more every time they cut a deal. This is not the case. You can find deals and put creative financing in play that will allow you to go forth with a transaction without putting that large lump sum of cash down.

So the answer is yes and no. Yes, you may be able to work a deal using leveraging or other techniques to cover the down payment. No, you won’t get off scot free altogether because you will have to pay for some of the other expenses that go along with running and operating a business of this kind.

Sometimes the simplest answer is the most obvious. When you find a deal that you think is really likely to turn a profit, ask someone to finance it. If you can get past the idea that you are too shy or lack confidence to ask that of someone, you may have a career.There are actually investors that have money to put somewhere, but they don’t have time or knowledge to find the deals. In that case, they would be happy to have someone approach them with a place to invest their money. They may even thank you for it.

  DJJ Properties is a real estate company based in Fairfax County, Virginia who handles both commercial and residential properties.

The culture of the company is to assist people with appropriate decisions in buying and selling real estate. “We like to help people solve problems in real estate”.

For more information on DJJ Properties please contact us today!