Ted,
I am completely broke and and im the only person working to support my fiance and I. I hardly have any money left after bills. Tell me, is there a way to get started in this business with out any money? I understand that money is needed to pay for an appraisal and an inspector during your due dilligence steps. Also money for earnest money. I dont have money out of my own pockets to pay for all of that and my credit is too bad to borrow it. Any ideas to come up with cash to start investing if you are completely broke? I dont want me being broke to stop me from investing and changing my life…
Sincerely,
Tshombe
Dear Tshombe,
First of all I am truly sorry that you find yourself in such a dismal financial situation, however, I am happy to hear that you have decided to do something about it.  Yes.  There are a number of ways to buy apartment buildings with no money down.  You can buy apartment buildings using a limited partnership, for example. In limited partnership you recruit other investors to come up with the necessary capital to buy the apartment building. They share in the profits of the apartment building after it is sold. You can also find an apartment building owner willing to sell you an apartment building with little or no money down.
I discuss all of the possible ways to buy apartment buildings with little or no money down in my Buy Apartment Buildings With No Money Down section of the “Buy Your First Apartment Building E-Course”.

Good Luck,

Ted Karsch

One Comment on “Can I Buy Apartment Buildings with No Money Down?”

  1. james doucet Says:

    I work for an apartment owner. He has 52 units in the complex. Over half the tenants or section 8. I s there a grant that would help me in purchasing this place or at least help with down payment

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