Although real estate is a lucrative business, people are actually very reluctant to pursue it because they think that they need to invest a lot of capital initially. In the current crisis, people are unwilling to part with their money to invest in a business that, to them, seems unstable and whose rewards may not come instantly. Below, we’ll discuss some creative ways to invest in real estate without tying up your own cash or using very little of your own resources.

Find a business partner

You can look for a person who has the right amount of money and the inclination to invest in the market. You may have to convince that person to invest in your project. To do this, you can offer him a part of the profit from him. The person with whom you want to start a business relationship must possess two traits that are essential to any healthy relationship: integrity and honesty. You must be able to get along with him, otherwise you may face problems in the future. It is recommended that you draft and execute a legal agreement before venturing into your business.

Simultaneous buying and selling

This is another one of those creative methods that can launch you into real estate with no money down. The process involves buying a property and selling it immediately, at a profit. But you need to have money to buy a property. The trick lies in the payment time frame. What you do is give a small amount to the seller and ask for time to make the rest of the payment. Within that time, you find a buyer and sell the property to them for immediate payment. With the payment received from your buyer, you can pay the seller from whom you bought the property. The difference is your benefit. The idea seems simple enough but it needs a degree of intelligence and efficiency. It is more advisable if you can line up your buyer before closing the deal to purchase the property.

Mortgage Properties

This is another creative and non-traditional method of investing in real estate with little money up front. It is about finding those people who own mortgaged properties. With the consent of the original owner, you can assume the remaining mortgage on the property. In the current crisis, many homeowners are willing to get rid of their homes and will be more than willing to let you take over their mortgage.

seller financing

This is another innovative method to invest in real estate business. At the time of purchasing the property, you can locate those who are willing to offer the seller’s financing option. Those people, who don’t urgently need cash but still want to get rid of their property, might be willing to offer you seller financing. You can pay the amount in installments, spread over a long period of time, by mutual agreement between you and the seller.

From the above examples, it should be clear to you that different methods can be applied to make real estate investments with little or no money. However, the procedures mentioned above require a certain amount of hard work and perseverance.