Real Estate Investing: Zero Down Purchases with Cash Back at Closing

So you want to invest in the real estate market in Bristow, but you have no money and no credit? Do not give up all hope. The following is a guide to the correct way to buy your first property with no money down financing and how you can really get cash back at the closing table. Forget about all those programs on late night television, this is the real method to real estate investing!

STEP 1: THE THREE D's

The key to finding deals on property is the rule of the three D's:

Death

Divorce

Disease

These words describe the typical factors that create the most desperate people trying to sell their properties. In any of these conditions are effecting the seller of a property, you will be able to strike an incredible deal. The following describes each of these factors in detail.

Death- whether it's the spouse of the deceased or the family of the deceased, these people have emotional memories tied into the property. While you would expect that these are memories they would want to cherish, the opposite is actually more often true. These sellers want to get rid of that house as quickly as possible just so that they do not have to walk back in there anymore and they can move on with their own lives. The faster they can sell it to someone that offers fast terms, the cheaper they will sell for to rid the bad memories in that place.

Divorce- another bad emotional experience for the seller is another prime deal maker for you. Fighting families are another example of sellers in a hurry. The courts are ordering the sale of the house so they can split the assets and while they want more money, they also want to end the court proceedings and will sell to the first person that has the money to buy. They are too busy fighting with each other to bother fighting with an offer below value.