How To Buy Your First Rental Property With No Money Down

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Credit mentorship fix your credit and get 100k in funding. Another idea to buy a rental property with no money down is to borrow money from your current residence. Another option for buying an investment property using little money down is by assuming the seller s current mortgage also called buying subject to in a subject to deal you buy a rental.

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In this video i ll go over the 3 ways you can do it.

How to buy your first rental property with no money down. You secure a line of credit against your home and you draw on it as you need it and pay it back with rental income. Home equity lines of credit helocs are especially useful for this. Buying a home with no money down is easily attainable if you know what to do. If you find a rental you d like to rent out and possibly purchase in the future then leasing with an option to buy is perfect for you. The fifth and final answer to how to buy rental property with no money down is by leasing with an option to buy.

You can even take out a heloc on an investment property. This option is great if you also need a place to rent out.

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