Wednesday, July 13, 2016

How To Use Other People’s Money To Buy Real Estate

 

 

 

You’ve Heard Of The Zero Money Down Real Estate Investing?

Does The Word JV or Joint Venture Comes To Mind?

How Does It Work?

How Do I Find The Investors To Partner Up?

 

There’s a great book out there, “Money, People, Deal” by Stefan Aarnio.  Basically it says that if you have 2 of the 3 (Money, People, Deal), the 3rd one will come.  So if you have the deal and the people, the money will come OR if you have the money and the people, the deal will come.

Sometimes, you ONLY just need to find the DEAL and the other 2 will show up.  “If you build it, they will come” from The Field of Dreams.  In real estate investing, if you find the deal, often times, the people and money will come to you.  

So, how does it work?  

Many people ask me, 

 

But I Don’t Have The Money

 

It can still work if you don’t have the money.  The investors will put up the money and you will then do ALL THE WORK and you’d take a cut of the profits.  That can be negotiated depending on a variety of factors, how lucrative the deal is, your track record, etc…

 

What If I Don’t Have A Track Record?

The post How To Use Other People’s Money To Buy Real Estate appeared first on Gary Wong Realty Vancouver, BC.



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