Скачать или смотреть How To Flip House Without Money in 2021

How To Flip House Without Money in 2021

This is why hard money is solely preferable for properties you know you can flip quickly.
3. Private money lenders
Private money lenders are perhaps the best source of funding for no-money deals. They're just regular people, like family members, friends, and acquaintances, who want to invest.
Sometimes, these individuals aren't actively seeking investment opportunities—they just have money sitting around that they may be open to investing if you ask. Private money lenders might have money in banks, IRAs, 401(k)s, mutual funds, or even an abundance of home equity in their home.
4. Wholesaling to other flippers
Wholesaling allows investors to make money from real estate without ever taking ownership. Sounds great for flipping houses, right?
Real estate investors looking to wholesale properties must find properties worth flipping and get them under contract. You negotiate the terms with the seller, such as closing costs and purchase price. Next, you find a house flipping investor to actually purchase the property and complete the rehab.
Your job is done after negotiating a deal with the seller. The investor handles the closing and rehab.
5. Crowdfunding your flip
Crowdfunding is when a group of individuals collectively finance a loan. These lenders—aka investors—each contribute a small amount of the needed funds. In return, they earn interest on top of repayment.
This method can be time-consuming when it comes to raising money. However, some specialty crowdfunding real estate websites may pre-fund a deal.
One downside to crowdfunding: you have a limited ability to negotiate. However, in some cases, you can avoid a down payment.
6. Seller financing
When traditional lenders or other creative financing options aren't available, consider seller financing. With this method, the property's seller finances the purchase. You won't need to qualify for financing (i.e., have a good credit score) or exhaust your network of private lenders.
7. Traditional banks
Yes, banks do lend money—sometimes even to real estate investors! If you have a good relationship with a banker or your bank, they may offer a workable loan for flipping a house or funding your investment.
Don’t walk into a bank thinking, “There’s no way they’ll ever give me a loan.” Then you’ve already lost.

Your first task, if you want to flip houses with no money: get off the couch and get out there! Order some business cards and start networking.
Immerse yourself in the local real estate market. Surround yourself with people already doing what you want to be doing, such as fellow real estate investors and flippers.
The people you meet at networking events are usually some of the best possible partners—as well as potential new investors. Absorb as much real estate investment information from these new friends as you can.
Here’s where to find them:
• Your local REIA (Real Estate Investors Association)—or form your own
• Real estate investor meetings advertised on Meetup.com or the BiggerPockets Forums
• Your local Chamber of Commerce, Business Networking International chapter, and other community organizations
• Volunteering at a local charity.
Don’t wait for opportunities to come to you. Instead, learn the house flipping business, actively acquire the know-how, and go find investors on your own.
Thank you for watching & if you find this video helpful, please SHARE, LIKE, SUBSCRIBE

All credit for this video is to Michael LaCava - full time real estate investor, house flipping coach. He runs the website House Flipping School to teach new real estate investors how to flip houses and is the author of "How to Flip a House in 5 Simple Steps".