: The seller acts as the bank, allowing you to pay them monthly installments rather than providing a large upfront sum. Some sellers may even fund initial improvements to protect their collateral.
“We called up the private lender who was currently financing the properties... Then we pitched him the idea of us taking over the loan and purchasing the property from the current desperate owner.” Get Rich Slowly · 16 years ago
: You provide the "sweat equity" (finding and managing the deal) while a partner provides 100% of the capital. Profits and equity are then split based on the agreement. how to buy an apartment complex with no money
“I've closed deals with 0% down by showing sellers my track record, my management plan, and how I would improve the property's value.” Rod Khleif · 1 month ago How to Buy Multifamily Property with No Money Down (2026)
: Using a Hard Money Loan to cover both purchase and renovation, then refinancing into a long-term loan once the property's value has increased. Perspectives from Investors : The seller acts as the bank, allowing
: You take over the seller's existing mortgage, including its terms and interest rate, which can bypass the need for a new large down payment if the lender approves.
The investor structured the deal without using any personal funds through a "layered" financing approach: : They secured an 80% loan from a local bank. Then we pitched him the idea of us
: They obtained a separate loan from a private lender to cover the remaining 20% down payment and additional funds for property improvements.