New Strategy: High Monthly Down Payments

This technique is a variation of "Contract or Wrap-Around Mortgage".

Usually a contract sale requires at least a token down payment to show good faith of the real estate investor and put a little cash into the pocket of the seller.

Sometimes a hefty down is required, in which case funds have to be "cranked" out of the real estate property or a cash partner must be brought in.

What if the real estate investor has nothing at all to put down except an income that gives him the ability to make monthly payments of several hundred dollars toward the purchase of a piece of real estate property ?

Perhaps the seller would permit him to purchase the real estate property now and make high monthly payments over a couple of years until a mutually acceptable down payment had been constitute.

It never hurts to ask.