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Current Poll Results

How much money did you put down on your last REI purchase?

No Money Down! Come on, guys!!	25.45 % (156)
Less than $500	10.11 % (62)
$501-1K	5.87 % (36)
$1001-5K	11.09 % (68)
$5001-10000K	15.17 % (93)
10K+	21.70 % (133)
When did a 'K' ever start standing for 'thousand'?	10.60 % (65)

Total Votes: 613

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"How much money did you put down on your last REI purchase?" | Login/Create an Account | 4 Comments

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Re: How much money did you put down on your last REI purchas (Score: 1)
by hibby76 (hibby76@yahoo.com) on Tuesday, August 05, 2003 @ 01:43 PM EDT
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I'm glad to see that so many people here are actually DOING "no money down" deals.

Finally proof for the ones that ask...."so can you REALLY buy RE without a down payment".

Thanks Joel

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Re: How much money did you put down on your last REI purchas (Score: 1)
by lahomeworks on Tuesday, August 05, 2003 @ 04:28 PM EDT
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I was tempted to use my own money for down payments but everything I read said don't. I'm glad I listened. All my deals are 100% financed.

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Re: How much money did you put down on your last REI purchas (Score: 1)
by Dreamin (mepropty@earthlink.net) on Friday, August 08, 2003 @ 09:35 AM EDT
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All my purchases are really no-money downs cause the down is relative to the way I roll in and out.

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Re: How much money did you put down on your last REI purchas (Score: 1)
by OnTheWater on Monday, November 24, 2003 @ 03:35 PM EST
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My very first property was a "no money down" deal. From that deal, I've bought four others; with a foreclosure we just got, I use another's money.

I'm learning more about Lease Options. I think I'm going to try one or two.

Thanks,

OnTheWater

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The #1
Real Estate Investing
Community