New Ideas For Creative Real Estate Investing
Wednesday, September 30th, 2009New Ideas For Creative Real Estate Investing
By: Steve Gillman
Years ago I watched a late-night television infomercial selling some course on creative real estate investing. As I recall, the author of the course suggested – among other things – that you could use your car for a down payment and get sellers to finance everything. You could also split a home into a duplex he said. He really did have a lot of creative ideas for investing, but it wasn’t clear that any of them had ever worked for him or if they were just ideas he had. For this article, then, I want to stick to true stories – creative techniques that have actually been used.
An investor I know used to buy run-down houses, fix them up and sell them for a profit. He was always looking for new ways to buy for less or add more value to a home. In a competitive market with many investors looking at the same properties he had to take creative real estate investing very seriously to find the opportunities.
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