How to Buy Your First Deal with No Money Down - Real Estate Investing with Grant Cardone

For more click here: http://www.grantcardonetv.com/realestate Uncle G brings it for free every Monday with captain Ryan. Today on the show Grant advises to not chase your budget. Finances are won on offense. When you don’t have money, you need to get other people’s money. Who’s got your money? Don’t buy deals you wouldn’t look at if you had a bunch of money. The fact is, we all get stuck finding money no matter how rich you are, so the thing to keep in mind is the deal is what matters, not how much money you have. Most people do deals based on how much money they have. There is no such thing as no money down because you will have to exchange something with them—sooner or later the money will have to come from somewhere. Where can you go to raise money? It’s out there, you just have to find it. Act like a broker and act like you know what you’re doing. Here are 3 things to ask before going into any deal: 1.Ask a woman to tell you how she felt around the property. Just like when you go into a room, you know how it feels. How does the property feel to you? This is subjective, but ask yourself this. 2.Go over the numbers, the T12. This is objective. Do the numbers add up and make sense? 3.Go look at worst case scenario. Go look at the worst year ever. Will it still break even if another 2008 happens?

Comments

1. Grant, awesome show.  Just one thing, when you talked about what it takes to become an accredited investor, you left out that your residence is excluded from the $1M net worth.  Keep it flowin', Bro!
2. 45:40 I blasted Yo phone, it broke and then I punched it cuz it's junk now
3. This was fantastic. I own 2 single family homes that I have got to upgrade to multi-unit properties. Time to think way bigger!
4. Uncle G this video has changed my view. I'm sure it'll change my life soon too.
5. is this applicable in the uk?
   the property is a lot more expensive than the u.s and there arent really any big units for sale, mainly a bunch of properties being sold as a portfolio.
6. this is hilarious!!!😂😂😂😂
7. Man GC, I appreciate what you do, hand salute!!!
8. Grant what is the best website or way to find said deals besides loopnet ? Thanks in advance.
9. Americans are good at this, i.e. making money telling people how to make money
10. Is it ok to buy a property far away?
11. Hi Grant,
    Maybe you can help me find a private lender for a100% loan for a least 36 to 60 months interest only. I would be for a single family or multi family. I have good credit but no cash.
    I'm sure it's a long shot but I figured I'd ask.
    Thank you
12. yea gc..you a real real dude..strait up an real sense of humor....need corect email spelling...
13. what is the best private mortgage you recommend.
    how to hire a realtor
14. Is there a minimum investment to invest with Uncle G?
15. No wonder the Big Grant is mega successful, he runs the numbers in his head...Genius!!!
16. i'm the best
17. Hey Grant! Just started following you and I had a question. How much money should someone have of their own cash before they buy their first rental property?
18. Man you are the shit
19. he never mentions how to raise the money. most people dont have friends and family with $200,000 in the bank.