Tuesday, April 18, 2006

Want to become a real estate investor..................but no money......

If you have absolutely no money then you still have some choices/options.  I read about one guy that want to become a real estate investor and he didn't have any money so what he did was get some investors.  He targeted doctors and sent them a letter and a proposal.  Of course not every doctor accepted his proposal but enough did to help him get started.  He found the properties and used the investors' money.

Now if you don't want to do that then you can start small with single residences and work your way up.  There are government programs to help those who are first time home buyers.  These programs were started because the government wants there to be homeowners (why they want it is a topic for another time).  How do you find these programs?  You look!  They don't come to you - you go to them!  You have Internet access - use the Internet and start looking.  Go to your nearest library and start looking!  90% of every grant program information that I have found I have found online!  So no one can tell me that these kinds of programs don't exist because I know that they do.

If you don't have the money then you use what you do have and that is your time and effort!

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