Carlton Sheets: No Money Down System
- Author David E. Williams
- Published October 6, 2007
- Word count 424
There are many great investing techniques available to people looking to begin investing in real estate. However most of them require large amounts of money as both start up capital and down payments on the properties. This is often a major barrier to entry for people getting started in real estate investing. However, this hurdle can be quite easily overcome with a little know how from someone like Carlton Sheets or Robert G. Allen.
With the Carlton Sheets No Down Payment program, this is not a problem. Carlton Sheets has set up an easy to understand and easy to use system to purchase real estate with no money down. That means that you do not need to have any money available to begin the Carlton Sheets No Money Down System.
One approach that people use in the no money down usually means purchasing a home with a seller who is willing to work with a vendor financing firm. To find these sellers people usually look in newspapers and online for ads that state the seller is willing to use assisted financing. With the Carlton Sheets program they offer this advice and much much more including how to identify appropriate properties.
If you find a house that seems like it would be a great investment, try talking to the seller about whether or not they 'd be willing to consider a seller assisted financing program. There are many ways to work out a seller assisted financing deal.
Another effective technique to buy a home for no money down is to offer a higher price to the seller. You would then agree to cover closing costs and/or offer a cash rebate. This kind of deal isn't legal everywhere, so check the laws in the locality where you want to buy the house. Basically, this kind of deal leads to you paying an increased price to fund that down payment and the closing costs, and the seller pays you a rebate or pays costs from his additional funds. For example, let's say you agree to buy the house for $175,000. You and the seller draw up a contract to sell for $200,000; the extra $25,000 is divided between the $17,500 down payment and $7500 in closing costs.
A key thing in the no money down real estate investing is Robert G. Allen. Between him and Carlton Sheets you are guaranteed to find and invest in real estate with very little or no money down. Virtually anyone can use this system by following the tips to get started in real estate investing.
Many strategies exist for investing in real estate. Most require cash investment and startup capital. This is usually an obstacle for beginners. Advice from an expert can make it easier to understand no money down real estate investing. Carlton Sheets is offering a program for no down payment real estate investing.
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