How to Buy Real Estate With No Money Down and No Banks - Bill Bronchick 

You can't sell via lease/option or land contract in Texas. That's about it.

I am absorbing everything I can on RU-vid here regarding buying real estate with no money down. Your ideas are the best I have come across so far.

May not be for the novice but is very concise explanation of the 4 models: L/O, LC, Wrap, and Subject To. I had the last 3 slightly muddled together. Thanks for sharing and clarifying.

Bill, I'm just starting to learn the art of real estate. I'm going through all of your videos currently. The info you've put out and continue to put out is GOLD!!! There are those of us out there who appreciate it. Please keep up the great content and again thank you so much!!

So glad I heard about your videos. I have watched many and they are ALL very good. Thanks for all this solid and valuable advice.

You share so much helpful information in this video and all others on your channel. Thanks for posting these videos.

Thank you for the great info!

Very nice video William, you are very good on camera, clear and concise.

This has come at a good time for me. I am ready to learn and you look like the right teacher.

waaaaaay above my understanding. throwing numbers and scenarios around like that you can't be talking to beginners. thanks for sharing though

Best tips on this area of real estate investing I have heard in a long time.

You have a great style for teaching Bill. As well, you really seem to know this world quite well.

Thank you I’m adding tools

I am going to pick up your course today. I noticed you have a discount code here for money off. Thanks and am so glad I saw that.

I like the master lease with option method.

I didn't think it was still really possible to buy real estate with no money down. Thanks for opening my eyes to so many possibilities.

My brother told me about this, he had an amazing time with Bill, Looking forward to it.

Excellent real estate investing advice.

thanks for sharing these secrets Bill. My husband and I are looking to pick up some rental property and your tips are going to help us.

I am ready to start investing now and you look like the best teacher to start learning from.

I have been hearing a lot of buzz about your no money down real estate investing strategies. I hear you are a really good teacher.

The "Subject To" is a good starting point for negotiations. Be ready to offer a "mirror wrap around" (all inclusive trust deed AITD) that exactly mirrors the existing debt parameters, so the former owner can foreclose for default. The Contract for Deed (CFD) or Installment Land Contract (ILC) is a form of mortgage that requires judicial foreclosure, which may take months while the deadbeat lives in the property rent-free. The Sandwich Lease Option has similar risks like the CFD. AITD is best.

Thank you for the tips. My wife and I have flipped some properties, I wish that I saw these videos before I started!

Actually, the judicial foreclosure on the ILC is not necessarily true. Depends on the state you are in and how much "equity" the buyer has. For example, in California and Colorado, the courts usually rule that a land contract default is the route of an eviction. Ditto for lease/option. Illinois, Pennsylvania, and Iowa have a specific procedure for getting people out on an ILC, which is longer than an eviction but shorter than a foreclosure.

A relative of mine used this same tactic and it worked fine for him. He has 3 townhouses that he rents out now. I never knew how he did it as he was one of those guys that never seemed to actually be employed. Guess I know his secret now :)

Would there be anything unique we would need to know that might vary from state to state?

Excellent and impressive! A no barbels kind of guy! Now, how can I turn my tiny "DI" check into a home I can 'parlay'? 'That', would get 'many' on this bandwagon.

Hi, William below you mentioned that you can't sell via lease/option or land contract in Texas, so my question is would any of these methods mentioned above be able to be used in Texas?

Question about the 2nd method (land contracts). If I'm mirroring my seller's loan and then turn around and sell this contract to someone else for a higher monthly amount, isn't the person I'm selling it to paying me more than what my monthly payment to my seller is? If that's the case, they aren't really entering into a land contract where you just mirror the mortgage are they?

hi i have a land contract on some land.where i send the owner monthly payment until the land is payfor and i receive the deed, question HOW WOULD THIS WORK WITH PURCHASING A HOUSE WITH NO DOWN PAYMENT.

Land contracts have become outlawed by the Feds. How do you get around this? I recently tried to evict someone who quit paying and was told because it was a land contract, I'd have to talk to a lawyer. No legal advice being asked here, just wondering what you'd do if faced with a situation like this?

Hello bill, how is it possible to buy a house no money down as people say if you have to provide a Earnest money deposit?

You are the kind of guy I would like to work with. I am very interested. What is my next step? How do I get in touch?

I see that you are also a real estate attorney. That gives you a lot more credibility as far as I am concerned.

Do you have any book recommendations? I currently own a landscape company and am looking to get into real estate and start flipping homes and having rental properties. I am having a tough time with banks because even though I have a successful landscaping company I am only 22 so they don't take me serious at all.

Do you favor any particular part of the US over others for buying rental real estate no money down?

Do you ever partner on deals?

New rules with regard to...? I did a Google search and found nothing.

mam those things you talking about find Tenants to buy in 2 years all that stuff you have better chance to get hit buy lighting. I'll just keep my day job till I fund a better way

Sounds like it's time to get off my butt and make some changes. I'm in Canada and I think that we can do something similar with your plan to purchase property with little or no money down. Those all seem like sound proposals. It's really just a matter of someone approaching the property owner and making the offer. Or finding a real estate broker that can set these deals up for them.

I don't think there are too many sellers out there who will fall for this deal. Landlords will only do this if they are falling behind on their payments.

I buy land no mortgage

Are you looking for investment partners??

In all of your scenarios. Isn't the seller just giving you the property without making any profit. If that's the case why wouldn't the seller just sublet the property himself at least he would make a profit.

What is your email.

Yes. Banks are shit. You get sick or something and you loose toyr home the next day, you loose job, you loose the home next day. That only happends in US.

Did not receive it, sorry. Please email me at bill-at-bronchick-dot-com, thanks

So if this works so well why would you give out your secrets and just use this technic to you advantage