Let’s Talk Real Estate Investing with Sharon Vornholt
Business:Investing
Today, I want to dive into 5 ways to get started in real estate with little or no money down. A lot of people put off getting started because they don’t have easy access to funding. This seems to be a huge roadblock they can't overcome. I want you to know that this doesn’t have to hold you back if you get a little bit creating. Now it’s likely that you’ve heard some of this before, but I’m betting you just might need a refresher.
[00:01 - 06:18] Opening Segment
• 5 ways to get started in real estate investing with little or no money down
• Real estate partnerships, hard money loans, and private money loans
[06:19 - 12:52] Unlocking the Benefits of Hard Money, Seller Financing & Wholesaling
• Speed of getting the deal done is more important than a couple of percents each point on the interest
• Seller financing can be short-term or longer-term with whatever you can negotiate
• Wholesaling requires little or no money to start, and direct mail is a great way to reach off-market properties
[12:53 - 17:24] Closing Segment
• Home equity lines of credit (HELOCs) are a great source of funding for short-term needs
Resources Mentioned:
How the Silver Tsunami Creates Massive Opportunity for Real Estate Investors
If you need some tools for working in the niche of probates, I have a couple of things for you.
Key Quotes:
“Find someone that's got experience and learn as you go; there's a safety net there for you.” - Sharon Vornholt
“You don't need a lot of money to start in real estate investing. You need little or no money.” - Sharon Vornholt
WANT TO LEARN MORE?
Connect with me through my website, Instagram, and LinkedIn.
Or you can send me an email at sharon@sharonvornholt.com
Be sure to check out the Louisville Gals Real Estate Blog and my course Probate Investing Simplified.
Learn more about this podcast on iTunes or Stitcher.
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