Since first discussing this issue here-- about a year ago-- I've dived into creative real estate investing, full bore.

See:
http://www.adambuyshouses.com

Here's one thing that you need to be aware of:

There are more hucksters and conmen in this field than in internet marketing. (And you know there's A LOT in net marketing!)

I thought that the hard part would be finding people who would give you their house with no money down.

Wrong! This is the easy part.

The hard part is finding good deals with equity in them.

Everything is smooth sailing as long as your market keeps going up.

But I've met several investors who've owned 20, 30... even 50 houses that were purchased with no money down techniques with little or no equity who gotten CREAMED because the market here has turned soft.

They don't any exit strategies because THEY DON'T HAVE ANY EQUITY. They can't sell it for less than is owed on the note. They can't lower rents, because the note payment is more than rents, which have fallen 30% in some cases.

Be careful.
- Adam.


Adam Buys Houses...