Yes, buying real estate with no money down and no credit is a possibility. And making money from real estate doesn’t have to be a pain in your a–. If you want to enter the business but don’t have a single cent to spend there are a whole lot of ways you can still make money. All you need to enter the business is true conviction; everything else comes apart. Here are a few examples to fill your head.If you are planning to get a house and don’t have enough money for the payment why not consider swapping? All the things you own can be used as a substitute for money to be used as a trade. Imagine if you are buying from a seller that is retiring, he may prefer having the motor home you don’t use or any car, boats, or campers. Appliances can also be exchanged as a replacement for money. Furniture and other similar can be part of your investment to acquire a house for flipping. Whenever you consider the idea of swapping things for other when you are going to invest in real estate, the options are numerous.However, in case you don’t have any unused motor home, or maybe you just don’t want to get rid of your car or boat, you can still use other things to swap for. If you are an accountant, contractor, mechanic, plumber, doctor, lawyer, or any other similar professional, you are more than capable to exchange your skills instead of cash. Doing services in exchange for money is widely accepted since you are paying with your skilled work. There is nothing wrong about doing this and you are able to exchange your services for real estate. This is a great idea if you have any professional skill or service you can offer.If you have absolutely no credit and you don’t even dare to place a foot inside a mortgage lender or broker, then you can bring a partner into the business. Although this can become a great way to enter the market, things can get a little complicated when someone else is brought in. You can also simplify this by making a deal with your partner; as in they being the financers and you take part in assuring the deal. This way you manage all the contracts and the daily dealings while he is in charge of just taking care of the money. Additionally, they will feel comfortable of playing just a smaller role while you take the full responsibility of closing business and managing the investments. The best part of this option is you never have to exchange one of your belongings or any of your services since your partner is responsible for the money.As you see, there are a whole lot of ways you can enter the business of real estate without having to put money down or a wonderful credit. You are capable of entering the business in many ways; all you need to succeed is your commitment towards the business.
It is known as the mainland of the central South Island as a vibrant and growing city placed halfway between Christchurch and Dunedin. We are talking about Timaru – a beautiful city that still retains its Edwardian character, Timaru is positioned between the sea and the alps making it an attractive place to live for both sea and mountain enthusiasts’.There are plenty of regional areas within the Timaru district to consider buying real estate in including: Beaconfield, Hadlow, Pleasant Point, Temuka, Waimataitai, Clandeboye, Gleniti, Marchwiel, Pareora, Smithfield, Washdyke, Winchester, Fairview, Glenwood, Kensington, Mesopotamia, Parkside, Redruth and Watlington.If you are planning to buy real estate in Timaru what do you need to keep an eye out for?It wasn’t too long ago that all there was on offer in this central South Island city were “doer-uppers” and older villas. While these are still a popular choice for many first time property buyers, with prices many of the larger New Zealand centres would envy, you can also select property in some of the newer suburbs where large subdivisions have been developed. Some of the farmland close to the city has been sold off and parcelled up to create new suburbs, with homes that are modern, warm and welcoming.So what sort of things should an expert be checking on your dream real estate in Timaru, NZ? It’s a relatively dry area in summer, but like the rest of the South Island heavy rain falls and snow can create issues in a house. It’s a good idea to have all the brick, timber, stone and any plasterings checked out and also see what the state of the chimney/s and spouting is.Of course there is little that cannot be fixed, but it’s a matter of going in with your eyes open. Of course you don’t need to have this all inline when making an offer. That perfect place you have your eye on can have an offer made, making it subject to a building report and perhaps other things such as finance and your current home selling.It’s a good idea to check things such as the plumbing and electrics, and check for any issues that may need maintenance over the next few years. Your agent should be able to recommend a person who is held in high regard with the local council. A perfect home needs to be healthy on the inside and the outside and luckily there is plenty of real estate in Timaru, NZ that fits that bill.