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Or simply seen those infomercials about buying houses with "No Money Away?" They are really well done. They have a lot of people offering great testimonials on the way they have gotten rich, buying rental properties, with absolutely cash out of their pocket. Observe this guy, standing on a street corner, talking to someone, and he says, "I own that one," pointing to a lovely colonial. "I also own along next to it, and the one two doors down, and I'm going to be closing on the one directly across the street from it, next week." He then assures us that he has purchased 17 homes in the last eight or ten months, with zero money down on the properties. Plus, in many cases he's also paid no expenses.

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In many years of as a landlord, I lost thousands of dollars and likely took some years away from my life with all of the stress I had endured. So, whatever you do, in avoiding the No Money Down Seize. There are much better, still inexpensive approaches to make profit in real properties.

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