How Much Money do You Need to Invest in Real Estate?
Do you have a small amount of cash that you want to invest in real estate, with no credit, or while repairing your credit?
One solution for you is to invest in real estate by buying shares of a Real Estate Investment Trust (REIT), which will not require you to fill out loan documents.
Do you have decent credit, poor credit, a good investment deal, but no funds to invest in real estate?
You may invest in real estate with no money at all through a partnership that is called “sweat equity.” Many investors have the money or means to buy real estate, but have little time for research, have no experience with real estate investing or research,or how to manage properties. If you have a decent amount of knowledge to present your investment opportunity to an investor, you may just get the means to invest. Although you will make less through this partnership, it can help repair your credit and give you funds when the investment starts to pay off.
Do you have a decent credit score and enough for a small down payment and you are ready to invest in real estate?
If you do not own any real estate yet,you can qualify as a first time buyer your first home, with as low as 3% down.
If you have lived in your home for few years and the value of the home has appreciated in the last few years, you could have a good amount of equity in your home. If that is the case, you can refinance your home and use your cash for an investment property, or get an equity line of credit to buy a 2nd home. With this option your will need at least 20 % down.
If you have any questions about what you’ll need to invest in real estate, or if you are looking for real estate investment properties, look no further. Are you ready to visit properties? Give Ellen Stephen’s Realtors a call at 210-639-9403 to connect with an investment specialist, that can give you immediate access to an entire database of MLS listings, and help you book a tour of your ideal properties today.