Use short-term (12-month) private loans at higher rates (12-15%) to buy the property, then immediately refinance after fixing it up. Allen's PDF includes a "30-day exit strategy" timeline.
Do you prefer or commercial properties?
Buying a property "Subject-To" means taking over the seller’s existing mortgage payments without formally assuming the loan. The deed transfers to the investor, but the original loan stays in the seller's name. This allows the investor to bypass modern credit checks, bank fees, and down payments entirely. 4. Partnering with "Money Partners" nothing down by robert allen pdf
This involves finding a distressed property, putting it under contract, and then assigning that contract to a cash buyer for an "assignment fee" (usually $5,000 to $10,000). You never actually buy the house, making it a true zero-money-down strategy that generates quick capital.
Borrowing against the equity of another asset to fund the down payment on the new property. 4. Lease Options (Rent-to-Own) Use short-term (12-month) private loans at higher rates
However, it's essential to exercise caution when downloading PDFs from online sources. Some PDFs may be pirated or contain malware, which can compromise your computer's security or provide inaccurate information.
Swapping personal assets (like land or a car) to cover the down payment of a home. Buying a property "Subject-To" means taking over the
If you're interested in learning more about "Nothing Down" or Robert Allen's approach to real estate investing, I recommend checking out the book or searching for interviews, articles, or online resources that summarize his key principles and strategies.
are more important than cash. Allen argues that by identifying "don't-wanter" sellers—motivated property owners anxious to sell—investors can negotiate terms that require little to no upfront money. www.mchip.net Key Strategies & Techniques
Having the seller "carry" the mortgage, effectively acting as the bank. Assuming Existing Obligations: