How to Invest in Real Estate With Little or No Money Down [Paperback]

Robert Irwin (Author)

Book Description

Publication Date: July 15, 2004

One of America's most trusted real estate experts tells how to make a killing in real estate using other people's money

"Irwin is a prolific writer on real estate, and among the best."

--USA Today

This latest book from real estate guru Robert Irwin is a complete, step-by-step guide for newcomers to no-money-down real estate investment. It's also a source of fresh insights and guidance for experienced investors looking for solutions to problems that can arise

with the no-money-down approach. Written for today's robust market, How to Invest in Real Estate with Little or No Money Down tells readers how to:

• Get the seller to finance the purchase
• Research and analyze fixer-uppers and finance the purchase and the renovations
• Find and buy rental properties as solid long-term investments
• Locate good investments in high-priced markets and get sellers to accept lowball offers
• Cope with no-down investing negatives, including negative cash flow, high maintenance and repairs, and time demands

Editorial Reviews

From the Back Cover

Make a fortune in real estate--without using your own money!

In this practical, step-by-step guide, one of the most trusted names in real estate shows first-time investors how to use no-money-down financing to build long-term wealth. Real estate is the most consistently profitable investment vehicle in the world. With patience and a smart investment strategy, anyone can make a killing. But how do you come up with the cash to get started? You don't! This book shows you how to find great deals on properties and finance them with little--or even none--of your own money.

With Robert Irwin's proven, commonsense approach to real estate investing, you'll locate and purchase moneymaking single-family homes, duplexes, and even larger rental properties--and put yourself on the path to a prosperous future. Plus there's more:

• Lower your transaction costs
• Avoid the trap of negative cash flow
• Use tax laws to your advantage
• Finance renovations to increase the value of your property
• Become a successful landlord
• Negotiate the purchase agreement
• Up-to-date information on no-cash-down loan programs

About the Author

Robert Irwin (Westlake Village, CA) is one of America's foremost experts in all areas of real estate. He is the author of McGraw-Hill's bestselling Tips & Traps series.

Product Details

• Paperback: 216 pages
• Publisher: McGraw-Hill; 1 edition (July 15, 2004)
• Language: English
• ISBN-10: 0071439994
• ISBN-13: 978-0071439992
• Product Dimensions: 9.1 x 6 x 0.6 inches
• Shipping Weight: 11.2 ounces (View shipping rates and policies)
• Average Customer Review: 3.7 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #1,031,922 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

Most Helpful Customer Reviews

18 of 18 people found the following review helpful:

5.0 out of 5 stars Great Guide, February 4, 2005

By 

Tony Mello (California) - See all my reviews

This review is from: How to Invest in Real Estate With Little or No Money Down (Paperback)

You'll be surprised by this book, I was. It's not about unrealistic tricks (like using a personal note as a down payment, which was in the last book I read, and which a seller told me I was ridiculous when I tried it). It shows how to use government backed financing (Freddie Mac and Fannie Mae) to get mortgages for more than 100 percent of your purchase costs. This book is solid - it tells exactly how to do it, every step. The best "nothing down" book I've ever read.
Tony

8 of 10 people found the following review helpful:

3.0 out of 5 stars Easy to understand, kind of basic, good to start with, April 8, 2005

By 

Man of the Flint Hills (Overland Park, KS, USA) - See all my reviews

This review is from: How to Invest in Real Estate With Little or No Money Down (Paperback)

I found this book to be a good start, it didn't really go into much detail on how to get into a rental property with no money down. It did some, but is more of a basic book for starters. I myself am a starter, but was wanting to know more in depth than this book offered. Over all I thought it was an ok book. This is a good book to start with, but don't expect to become an expert from it.

3.0 out of 5 stars Very Conservative, January 5, 2011

By 

Yisrael Dubov "Maestro" (Orlando) - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

This review is from: How to Invest in Real Estate With Little or No Money Down (Paperback)

Robert is very conservative in his Real Estate investing. He doesn't use much creativity (or at least doesn't mention it) in this book. Not to mention that this book was written in the big housing bubble, and therefore isn't quite clear about what to do in the case of a down-market. However the book has a lot of information about Real Estate that you should know (such as taxation, Landlording, etc), but if you want to make it BIG in Real Estate i suggest you only use this book as a reference not as a Bible.