Creative real estate investing saved my life.
Well, the life of my portfolio anyway... When banks stopped lending to me when the credit crunch hit in 2008, I thought it was game over for growing my portfolio using no money down property investment.
Then I heard about this guy who talked about "controlling houses for a pound", and I *had* to know what it was all about.
When I looked at what he was teaching, I was excited to find that he had a bunch of strategies that I could still use to do property deals! And also ways how to sell investment property in a difficult market.
Many of the creative property investment strategies I learned did not even require a mortgage or lending of any kind... they didn't involve surveyors... and best of all, they didn't require deposits!
The icing on the cake was that the main strategies -- lease options / rent to buy and instalment contracts -- created significantly higher monthly cash flow than the traditional buy to let model...
And you didn't even have to own the property!
I had a buy to let property that was forever losing money. It was hard to let and whenever I found tenants, they would pay the rent for a few months before going into arrears and finally disappearing.
Does that story sound familiar?
I decided to test the creative real estate investing strategies that I had learned and sell the property on a lease option. I quickly found a tenant buyer who:
So, we've seen that as a creative real estate investor, using these techniques, you can easily:
Are you using any creative strategies? Leave a comment below and let us know.
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