• Grant Dean

How can I invest in real estate if I don't have much money? Part 1


Buying a single family or multi-family investment property most times requires the buyer to have min 20% down payment plus closing costs which can be several thousands of dollars. In addition you'll have your holding costs once you have bought the property while you or your broker markets for a tenant (mortgage/taxes/utilities/repairs). Finally once rented you'll have broker commissions for their services which many times is equal to the first months rent and the costs of getting the house cleaned ready for move in. This can be a lot of money, take a lot of time to save up and challenging for many people. Is there a faster way? Yes, stay tuned... #investing #realestateinvesting #ratrace