How to Base Your Real Estate Riches on Borrowed Money
Wednesday, June 21st, 2006Figure out how much money you can or should put down on your first property. To do this, take these five lucky steps. They will work for any type of residential income property, from a duplex to a building having 100 or more units. Your steps are:
1) Count up how much money you have available.
2) Study your Summary Sheet of available properties to see if the amount of money you have is in line with the asking down payment in your area.
3) If you do not have any money, try to take over a property for zero cash down.
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