Purchasing Apartment Buildings with No Money Down
Is it really possible to buy an apartment with no money down? Absolutely! Anthony Chara, a seasoned real estate investor with over 15 years experience, has mentored several hundred students. Here is his story of how some of his students purchased their apartment building.
First of all, lose the mind set, “I don’t have the money for a down payment.” If you continue to say that, it will be true; you’ll never be able to do anything because you don’t have the money. Realize that ‘no money down’ doesn’t necessarily mean you are buying without making a down payment. It simply means you are using other people’s money.
Two students found a 98 unit building in Louisiana; they each put in $1,500 ($3,000 between the two of them). The total down payment was $300,000! They were able to convince other people to invest in their venture for a return at a later date. They bought the building for $1.2 Million; within 12 – 18 months it should be worth close to $3 Million. They will share the cash flow and the equity with their money partners.
It’s all about mindset. Lose the attitude “it’s too much work,” or “I cannot afford to invest the money.” Look around you; people are doing it all the time. Make a plan and work the plan. Set a goal for yourself and take action now-see yourself as being financially independent and you will succeed.
This was taken from an interview between Lance Hood from http://www.successinsiders.com/ and Anthony Chara, one of the experts featured on the site.
SuccessInsiders.com is committed to helping people succeed, both personally and professionally, by providing them with interactive access to an ever growing team of Millionaires and Experts in wealth creation and personal development. By following the guidance and strategies, through interviews, expert Q&A, telecoaching and other resources offered by people who have already succeeded, a person’s chance for success is greatly increased.
Visit a Team of Experts, including Anthony Chara, willing to share their Insider knowledge on how to create wealth in all areas of your life. It starts here ==> http://www.successinsiders.com/home.html
CONTACT INFORMATION:
Heather Thomas
(641) 715-3900 ext. 7576941
support@successinsiders.com
Real Estate, Invest No Money Down, Purchasing Apartment, Buying Apartments
Is it really possible to buy an apartment with no money down? Absolutely! Anthony Chara, a seasoned real estate investor with over 15 years experience, has mentored several hundred students. Here is his story of how some of his students purchased their apartment building.
First of all, lose the mind set, “I don’t have the money for a down payment.” If you continue to say that, it will be true; you’ll never be able to do anything because you don’t have the money. Realize that ‘no money down’ doesn’t necessarily mean you are buying without making a down payment. It simply means you are using other people’s money.
Two students found a 98 unit building in Louisiana; they each put in $1,500 ($3,000 between the two of them). The total down payment was $300,000! They were able to convince other people to invest in their venture for a return at a later date. They bought the building for $1.2 Million; within 12 – 18 months it should be worth close to $3 Million. They will share the cash flow and the equity with their money partners.
It’s all about mindset. Lose the attitude “it’s too much work,” or “I cannot afford to invest the money.” Look around you; people are doing it all the time. Make a plan and work the plan. Set a goal for yourself and take action now-see yourself as being financially independent and you will succeed.
This was taken from an interview between Lance Hood from http://www.successinsiders.com/ and Anthony Chara, one of the experts featured on the site.
SuccessInsiders.com is committed to helping people succeed, both personally and professionally, by providing them with interactive access to an ever growing team of Millionaires and Experts in wealth creation and personal development. By following the guidance and strategies, through interviews, expert Q&A, telecoaching and other resources offered by people who have already succeeded, a person’s chance for success is greatly increased.
Visit a Team of Experts, including Anthony Chara, willing to share their Insider knowledge on how to create wealth in all areas of your life. It starts here ==> http://www.successinsiders.com/home.html
CONTACT INFORMATION:
Heather Thomas
(641) 715-3900 ext. 7576941
support@successinsiders.com
Real Estate, Invest No Money Down, Purchasing Apartment, Buying Apartments
Labels: Buying Apartments, Invest No Money Down, Purchasing Apartment, real estate
posted by Ralph Marcus (Mark) Maupin | 7:29 PM
0 Comments:
Post a Comment
<< Home