We discover through trial and error. Often its as simple as attempting something we haven't tried before and results begin to follow. Real estate seems like a lofty proposition for many people but there is alot of noise coming from people that are involved in Real Estate and it attracts us. Zero down real estate investing is a simple concept. It means manufacturing deals that require that you need not put the large obligatory escrow deposit to get the right to control property. The reason why you would want that is simple. Zero down is useless if your utility is to buy the house and live in it and own it. Thats not the point of Zero Down. If you want to buy the Real Estate for your own personal use, then Zero Down is not going to help you. However, if your utility is to make some nice money so you CAN eventually own your own home. Then Zero down is the perfect vehicle and the most direct way for you to accomplish that. There are numerous ways to structure a deal legally and fairly while making the deal light on escrow deposit. But there's something you need to know. Because learning how to do Zero Down is not the obstacle. That can easily be accomplish by buying a good book or online course on the topic. It is easily learned. The information is abundant. No, thats not the issue, what you must understand again is your utility. You must realize if Zero Down Real Estate is what you want to get involved in, is that you are doing it to make money. Literally, largish sums of money. Your involvement with the property itself should have no emotional attachment at all. The lines should be drawn clear in the sand. To know this is to realize something. You must find a property that has excess intrinsic value in it so that it can be rapidly be re-sold for a fair profit. That is the entire point of Zero Down Real Estate. When we say excess intrinsic value, property investors refer to a deal thats going cheap (for whatever reasons) I know this sounds obvious, but theres more to it. Notice I didn't just say find a cheap house? I wouldn't use those words because its completely misleading. Intrinsic value desrcibes a price that is genuine. It has been researched and more then a few people with knowledge would agree is that this is the intrinsic value of the subject property. Its the REAL price, the REAL value without any guessing or wishing or emotional component to it. Once you can establish the intrinsic value of properties, you can then compare the actual price thats being asked and decide if you would like to move on the deal. If it has "excess intrinsic value" then you would do just that. Its this search for excess intrinsic value that is the main work for people who would like to do Zero Down deals. Because its that discovered excess intrinsic value that was worked for and found. Then you can use the Zero down technique of your choice to gain control of the deal and close. To your health and rapid success. |
