Avatar's Blog

» the right sized project

Posted on 10/27/2004
Avatar fields many loan inquiries from investors who want to buy $million+ properties with no money down. While scam artists abound, charging for seminars, books, tapes, and more, telling you that you can get into real estate investment without spending a dime, the truth is that hard money lender, rehab lenders, and banks all want a minimum of 20% in cash or other real estate equity in any commercial or investment project you are trying to fund.

To be successful in real estate investing, start with a small project you can afford and move up from there. You'll waste less time and achieve your goals sooner.
Posted in Miscellaneous