August 2012

This article is part three in an ongoing case study happening in real-time. You can find part one here and part two (with photos) here.

One of the most common questions I get asked is “How do I get started investing in real estate with no money?”

Perhaps you’ve wondered the same.  According to Google, “No Money Down” is searched over 50,000 times each month! Some gurus have made their entire career platform off the “No-Money Down” niche, charging hundreds or even thousands of dollars to learn how to buy real estate with little or no money out of pocket.

Today, I’m going to show you one way to do it free.

I mentioned several months ago that I Click to continue…

P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.

This article is part two in an ongoing case study happening in real-time. If you haven’t read part one yet, please click here to view it!

You thought I forgot about you, eh?

I didn’t!

It’s been a busy couple weeks, but today I’m excited to finally be able to reveal more about the Marcy property to you today! I finally was able to get back in and take a few dozen photos, as well as have my inspection done. This post will be fairly “content short” but “photo rich”, but I promise another post within a few days where I’ll talk about exactly what I’m going to do with this property.

Just a reminder, Marcy Street was listed at Click to continue…

P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.

Hey Everyone! I know a lot of you are waiting for my next update to “The Marcy Street Case Study” – and I promise it will be out in just a couple days. The only reason I haven’t posted yet is because I wanted to include some more photos, but need to get back inside!

In the meantime, I wanted to share that I finally – a month after moving into my new house -have 100% finished my first room of the house (If you don’t know about my new house I bought for my wife and I with no money down, click here to read the post). Let me explain: when I moved in, the house was about 80% finished with the remodeling, but time constraints forced me to move in before it was done.  If you’ve never lived in a construction zone before – don’t.

It’s not fun.

In fact, it’s the opposite of fun.

It’s stressful, irritating, and cumbersome.

So, to try to put some order to my otherwise unorganized life, I decided to Click to continue…

P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.

I want to start something new here at Real Estate In Your Twenties. I’m going to walk you through the exact process I am using to put together my newest deal. I don’t know how this deal is going to work, what I’m going to do with it, or how much I’ll make. However, I want to use this website as a means of teaching you exactly what I do.  Hopefully this will be incredibly beneficial to everyone!

Before I go too far, I want to make a few disclaimers:

  1. All the numbers I use are true and accurate. However, I may hide some of the names and addresses, to protect my interest and future buyers.
  2. This is just one example of how to put together a deal. There are hundreds of possible ways to put together a real estate deal, so do not simply copy this strategy. Each deal warrants it’s own analysis and examination.
  3. I have no idea where this is going. Hang on.

Finding the Property

Last month an acquaintance of mine named Jason became an official real estate agent, as I discovered after running into him at a local Starbucks. We talked about real estate for several minutes and I let him know the types of properties I was looking for. I told him I was interested in: Click to continue…

P.S. looking for hard money loans in California? Be sure to check out my friends over at northcoastfinancialinc.com. They have very competitive rates, can fund within a week and specialize in fix and flip loans and other hard money loans.