This is an extremely common question that newbie investors have, they don't have enough money to invest in real estate. How can they get their foot in the door??
The best way to invest in real estate if you don't have any money, is to find a partner.
You need two things in real estate, time and money.
If you don't have any time, then you have the option to put your money into a more passive investment. You could invest in another investor's portfolio and get a set return, or you may have the option to a portion of their equity instead.
If you don't have any money, then you have to be willing to put in the time, and find a great deal.
If you find a really great real estate deal, you will be able to find the money. I know that sounds crazy, but it's true. If you're out there networking and letting people know that you are getting into investing in real estate, and you find a really good deal, the numbers make sense, you're willing to put it together, put in the work, then you will be able to find people that will invest in that deal with you.
Where do you find the money?
You find the money from private lenders. Usually when people are first starting out, that is with family and friends, and people that want to get started investing in real estate, but they have a job, and a family, they don't want to put any time into it, but they would invest their money. That is the person that you're going to want to partner up with. You will have to learn the skill of analyzing the numbers and proving to them that it is, in fact, a good investment. But once you know how to raise capital, the sky is the limit in terms of how many deals you can do.
That can be structured in different ways, which I will talk about in another post, but if you don't have money, the best way to get involved in real estate is to find a partner. Find them an amazing deal, and structure it that way, so that they have an equity portion in the property, or they just loan you the money at a specific interest rate.
Just know that if investing in real estate and creating long term wealth is truly something that you know deep down that you want to do, there is nothing that can stop you. There are many people who have built massive portfolios without any of their own money simply by putting deals together. The proof and the strategies are out there but it's up to you to use them.