Often individuals wonder how to invest in real estate with little or no money. Lack of money also results in a dilemma between investing in real estate vs. 401K.
Home Equity Line Of Credit (HELOC)
A home equity line of credit (HELOC) is a line of credit secured by the equity in your primary residence. You can use the HELOC funds for home improvement.
Seller financing is an excellent example of using other people’s money for creative financing.
The seller’s benefit is that they no longer have the headache of managing the investment properties.