If you’re ready to jumpstart your real estate investment empire but don’t think you have enough down payment, then keep listening.
A massive hurdle for many would-be investors comes in the form of the down payment. Often, lenders require 25-30 percent down for investment properties. That means a $200,000 home would require a down payment of $50,000 to $60,000. Of course, a lot people who would like to invest right now do not have that kind of cash available. This is the barrier of entry that often separates the investing class from dreamers. But this book shows you time-tested and proven ways to overcome that hurdle. You learn how to Drop the Down required to become an investor.
Author Paul Aker teaches you how to get away with as little as $7,000 down - sometimes even less! Here’s what you will discover:
- Ways to skip a down payment altogether, just by changing your address
- How to turn sellers into your personal bank
- How to unlock your own resources that are not liquid
- How to connect family and friends using the innovative “ACRS” method to bypass hefty down payments while maximizing returns
- How to get some lenders to take a chance on you with no or low-money down
- Key finance terms required to become a knowledgeable investor
- Examples of how ordinary people put these methods to work
- Accessible, easy to understand concepts anyone can learn
Why bother learning these techniques? The typical rate of return is just too hard to ignore. Smart investing combined with solid management turns homes into profit centers churning out bundles of cash each year. Plus, real estate historically appreciates.
The average single-family home appreciated by 39 percent over a 10-year period between 1989 and 2019, according to the National Association of Realtors. As a realtor, (inactive) lawyer, investor and award-winning investigative journalist, Aker has a real world understanding of the topic.
