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How To Buy An Investment Property In Columbia With No Deposit

Buying investment property is a great way to build a portfolio that delivers wealth now and sets you up for a comfortable retirement in the future. But buying property can be expensive if you’re not careful. In this blog post, you’ll learn how to buy an investment property in Columbia with no deposit.

There are few types of investments better than real estate. Real estate assets appreciate over time, they’re an excellent hedge against market declines, and the cash flow you get from a rental property is a game-changing way to build wealth.

Unfortunately, many investors find that real estate investment properties can be too expensive to purchase, even just saving up a deposit for each property you want to buy can really add up and you might find it difficult to save up enough money for a deposit. Fortunately, if you want to know how to buy an investment property in Columbia with no deposit, there are 3 effective strategies to use.

How To Buy An Investment Property In Columbia With No Deposit

 

Strategy #1. Seller Financing

If the seller is willing, they might “be the bank” and offer terms like a mortgage, so you can skip the deposit and just pay them directly over a period of years until the property is paid off.

 

Strategy #2. Buy Privately From An Investor

If you have the money available, perhaps in your IRA, but simply do not want to pay the deposit then you may want to buy privately from an investor. They may not require a deposit if you are able to arrange full payment in a certain amount of time. (Sometimes the investor might require a deposit to indicate you’re serious but you can also often get around this by buying multiple times from the same investor). At Cash Home Buyers, we sometimes sell some of our properties this way, or we are connected to other investors who do. So reach out to us at (803) 889-0840 and we’ll see about how we can help you.

 

Strategy #3. Partner With Another Investor

If you have the capital available to buy the house but perhaps you don’t have a deposit available, then consider partnering with another investor who will put up the deposit for you. Since the deposit might just be a fraction of the purchase price of the investment, you might consider giving them a portion of your ongoing cash flow, or paying them back the loaned amount plus interest.

 

Do you want to buy an investment property in Columbia with no deposit?

We work with investors in all kinds of situations. If you’d like to buy an investment property with no deposit, get in touch with us and let’s see if there’s something we can work out.

Give us a call anytime at (803) 889-0840 or click here and enter your information on the form to see what’s available.

Ben Lovro

Ben Lovro is an entrepreneur with a vision to improve neighborhoods and revitalize the communities that we live in. He has a clear passion for people and has developed effective strategies and real estate solutions in todays rapidly changing market. He is committed to being a lifelong student of Success Strategies and Leadership. Knowing what you want is perhaps the most important step in self-development; this takes much persistence and self examination. Once your desire to serve God overwhelms all other desires, you begin to step into your purpose and your mission in life changes. To be fulfilled in life you have to grow. The art of fulfillment is what develops our life into an expression for others to follow. Some of our greatest moments come from facing our fears and doing the things that scare us the most. You have been given one life, and one chance to tell your story. It's never too late to become the person that want to be.

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