How to Invest in Real Estate When You’re Broke

Investing successfully when you don't have a lot of money

 

If you’ve spent any time watching TV, you’ve seen the imposing profits that can come from real-estate investments. A quick Google search yields hundreds more stories about investors who made their fortunes in the housing industry.

It’s an attractive investment market, but difficult to enter without a lot of initial capital. Even people who have invested and made profits in the past can struggle to scrape up enough funds to invest again.

Is there a way to invest successfully in real estate without a lot of money?

There is, but it takes some expertise and solid strategy to pull it off. Even people who are not that well off can make a fortune in real estate if they select the right avenues and use their money wisely.

Here are a few methods that have worked for investors in the past.

1. Wholesaling Houses

A popular option for affordable investing is buying homes at wholesale prices. By definition, a wholesaler is a person who gets paid for finding great deals.

In real estate, that means you’ll be purchasing homes that have dipped below market value. Sometimes they’ll be affordable because there’s damage to the property; other times, it might be because the seller wants a quick turnaround. Either option is good news for people like you. Contact Us 99 PROPERTY NIGERIA LIMITED TEL. +234(0)8099994939 / +234(0)8099994949 www.99propertyng.com info@99propertyng.com | enquiries@99propertyng.com