The Book on Investing In Real Estate with No (and Low) Money Down: Creative Strategies for Investing in Real Estate Using Other People's Money (BiggerPockets Rental Kit, 1)

by: Brandon Turner (0)

COMPLETELY REVISED AND UPDATED

Is your lack of cash holding you back from your real estate dreams? Discover the creative real estate financing techniques that savvy investors are using to do more deals, more often.

No matter how much money you have in your checking account, there is always real estate you can’t afford. Don’t let the contents of your wallet define your future! This book provides numerous strategies for leveraging other people’s money for amazing returns on your initial investment.

Active real estate investor and co-host of The BiggerPockets Podcast, Brandon Turner, dives into multiple financing methods that professional investors use to tap into current real estate markets. Not only will you be able to navigate the world of creative real estate finance, but you’ll get more mileage out of any real estate investment strategy.

Financing deals just got easier―learn how to be a smart investor by using creativity, not cash!


Inside, you’ll discover:

  • The truth about no-money-down investing―Investing with little to no money down is possible, but it’s not about a step-by-step strategy. It’s about a mindset.
  • How to get started investing in real estate―Looking for your first deal, but you have no money or experience? Learn the best strategies for getting your feet wet without paying thousands!
  • Numerous strategies to mix and match―Creative investing requires a creative mind.
  • How to attract private money, lenders, and partners―There are millions of millionaires walking the streets. Discover the best way to attract them to you.
  • The ugly side of creative investing―Learn the downsides to all the strategies mentioned in this book, as well as tips for overcoming those problems.
  • Strategies for wholesaling, flipping, rentals, and more―Find success no matter what niche you plan to use to build your real estate empire.

The Quotes

Creative investing means you must invest in incredible deals, or it’s simply not worth doing.

The point is: be conservative, buy great deals, and have a financial backup plan.

The Reviews

While this book has basic helpful tips for beginners, I 100% guarantee there are far better books out there for those interested in investing in real estate. The two main areas that were helpful were the sections on the fha loan and 203k loan which only made up about 1/20 of the entire book. Other than that, the author references his personal website multiple times unnecessarily, tells us how he got his business started by then stating it is near impossible to do the same way because of restructured rules and etc, and lastly SO MANY ERRORS in his writing. Just the fact that nobody cared or took the time to look over this book to fix the errors is enough to tell me it is not worth reading. The mistakes included in the photo were just a few of the multiple that were found

I really want to like this book. The content is solid so far and there is a lot of useful information. However, the number of typos, errors, and distinct lack of care that went into producing this book is, frankly, embarrassing. Considering that the author is supposed to be the lead editor of BiggerPockets.com, it's rather ironic that this book is so horribly edited despite this being the second edition of the book. Even the back of the book, where one normally first decides if they want to buy the book, contains typos. It's honestly just distracting and a nuisance to have to deal with.

This was my first Real Estate Investing book to read and it was helpful. The way the author explains things is easy to understand, but this also seems like it's more intended for novice investors. I just finished Building Wealth One House at a Time and it got more into the numbers side of things, but still probably more for novice investors. I just started What Every Investor Needs to Know About Cash Flow - definitely more advanced number crunching involved here.

I’ve learned a lot from this book. I was able to buy my four unit apartment with little money down since 4 units and smaller are treated as a single family home.

Would-be real estate investors will learn a wealth of information in this well-written book. Several tools are laid out for you, and while some are a bit technical, the author uses plain English examples to make otherwise confusing tips and processes come to life.Unfortunately, all great real estate deals rely on the initial seller getting a poor price for their property. Spin it any way you wish ("Clarence sold his home to a wholesaler and escaped the double mortgage payments that were drowning him!" He did, but got 60% of his home's value.), you cannot make money in real estate without somebody else losing money. Sure, there's the house flipping strategy where you buy cheap and restore the property, but even that's a situation where the seller loses because they can't afford the repairs themselves.To the author's credit, he recommends strictly ethical practices, finding "great deals" notwithstanding. There are certainly a number of dirty tricks that allow a savvy person to take advantage of those with meager means or poor credit. The author warns sternly against these, and gives some genuinely useful advice for creatively investing without fleecing those who are down on their luck.It is worth mentioning that the author seems genuinely motivated to teach, rather than trying to make his fortune by selling you and endless string of books to teach you how to make yours. Most of the additional resources mentioned are free, and other books mentioned are usually written by other authors.As with any investment, there are numerous hazards and pitfalls; perhaps more here due to the "no or low money down" approach. But, the author does identify these, and gives appropriate words of warning. Anybody can creatively invest in real estate, but it is clear that not everybody should.

Super easy read. I finished it in two days. I cannot count the amount of typos of grammatical errors on my fingers and toes (there are a lot...I really question who edited this book), however I still love it. It takes many concepts and breaks them down very practically and when possible uses real life scenarios and investor's experience in certain areas of real estate investing to educate the reader. I found it to be a very valuable read.

If you want to read a book about investing, I highly recommend Brandon's book. If you want to be lied to and sent on another guys gourney with no point of direction then this is not the book for you. Brandon does a great job in laying it in easy to follow direction for you to follow and the read was interesting the entire time. I think if it weren't for people like Brandon who actually want to see you succeed, the concept of investing would seem to only be for the rich, but Brandon definitely shows you that anyone with the passion can do it.

I dipped my toes into the water of real estate investing about three weeks ago, buying my first course online. As a lifelong renter whose parents built their own house, I’m about as new to real estate as they come. However, this book takes you by the hand and walks you through some amazing (and amazingly easy) investment strategies - all with examples using real life situations to help make it click.

This book informs new investors or investors who have not stepped put of investing with conventional means. Conceptually easy to digest, this book allows for quick financing tool overviews on real estate, enabling on to see potential new avenues in generating future deals.

This book has so much information! If your interested in real estate investing, get and read this book. Highly recommend

He is probably one of my favorite real estate authors. This can open your eyes to how many different avenues there are to getting into real estate. There really are NO MONEY down ways. Do yourself a favor and purchase this book!

This book gives you the map to get creative in funding real estate when you are first starting out. Quick and easy read with a lot of examples to make it applicable to you.

I have a lot of drive and am creative so it was really helpful to read how I could turn those qualities into real estate deals!One thing I really appreciate about Bigger Pockets is their commitment to promoting ethical, reciprocal behavior, which I understand is not always the case in the real estate space. Its about developing good relationships for the long term win. Thanks Brandon!

I'd surely recommend the book to anyone starting out as it explores creative options to invest/own without spending a ton!

While this book has basic helpful tips for beginners, I 100% guarantee there are far better books out there for those interested in investing in real estate. The two main areas that were helpful were the sections on the fha loan and 203k loan which only made up about 1/20 of the entire book. Other than that, the author references his personal website multiple times unnecessarily, tells us how he got his business started by then stating it is near impossible to do the same way because of restructured rules and etc, and lastly SO MANY ERRORS in his writing. Just the fact that nobody cared or took the time to look over this book to fix the errors is enough to tell me it is not worth reading. The mistakes included in the photo were just a few of the multiple that were found

The information here is extremely valueable. Every single chapter is very well explained. The real life examples also make it so much easier to understand the benefits and risks associated with a certain strategy, and how it can be executed. Must read for real estate. It really opens your mind to the possibilities with creative investing!

This book is super awesome...Brandon explains very thoroughly 👏

Would have liked to see more examples of the methods in use, and less talk about the BiggerPockets site. This is my first book on the topic though, and I did learn a great deal.

this book provides steps to take for a regular blue collar person to actually invest in real estate. this book is NOT crap. Thank you Brandon Turner...I am that much closer to succeeding because of you and you and David Greene and your free podcasts.Jake Striebeck

This book is easy to understand even if you have very little knowledge on how to finance real estate investing. Highly recommend for somebody trying to get their foot in the door with real estate investing with little money.

This was such an easy read. Good info for beginners who's just starting out.

The Book on Investing In Real Estate with No (and Low) Money Down: Creative Strategies for Investing in Real Estate Using Other People's Money (BiggerPockets Rental Kit, 1)
⭐ 4.7 💛 2467
kindle: $11.99
paperback: $13.94
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