How do you raise capital to buy investment property? The bank wants 20% down :( --67.185.xx.xx

Maybe get a 2nd & 3rd part time job? --96.239.xxx.xx

Consider yourself successful when they offer loans to you. 20% down - that's only prudent! The days of 106% mortgages are gone. It costs thousands to close escrow and pay all taxes, insurances and loan fees. What do you have in mind? 3% down FHA? Only if you occupy a unit! --125.27.xx.xx

sell all your toys, both you and spouse work more , get partime jobs, cut up credit cards . That money you've spending on the stupid - tax called interest could be going to a better place. Pay your car off or sell the one you have. buy an adequate car for cash. Get on a real budget , get a plan and stick to it . Buy what you can afford in the way of investment property. Don't get a mortgage for more than 15 years on a place that will leave something at the end of the month . Go to DaveRamsey.com . Read what he has to say on Money in general and real estate investing in particular. Live like no one else today so that Tomorrow you can Live Like No One Else. --70.250.xxx.xxx

When I turned 14 I had a part time job and saved my salary. At 16 I purhcased a used car and everyone laughed at me. On my 18th birthday I purchased my first rental home (had the 20% downpayment). I cut coupons, took a bag lunch to work, had basic cable, and invested a majority of my income. Retired at 46. --173.60.xx.xx

Do you have to make sacrifices? Sure. But long term, you get the rewards. Only place where someone will tell you that you can buy real estate for investment with no money down and no work involved is the late night infomercials. Here we know better. It takes money and it takes a heck of a lot of work. --208.94.xxx.xxx

Ray, I agree it takes a ton of work and money down. However, the money down does not necessarily have to be your own. I've bought all my properties so far by raising capital from other investors. The payment to these investors is just an expense like taxes or mortgage or insurance. I know myself well enough to know that I am not a saver, but I am starting to get better at it. Some financial authors will tell you that there is a difference between saving and investing. Just take a look at how you've lived your life up to this point. If you have been able to save money easily and routinely, then keep doing so and minimize your expenses. If, on the other hand, you have not been good at saving money, but have always found a way to pay bills, maybe raising capital from other investors is the path for you. --74.212.x.xx

last time i was buying thr seller said she would give10% of purchase price as a second if i wanted it.often they will do this if property has been on market for a while.i just went with the 80% bank loan. --173.14.xxx.xxx

Sell stuff at a garage sale, all the stuff your kids do not use - you too. --76.241.xxx.xxx

Remember those who helped you get where you are going. Do good business. Karma is always there. --75.44.xxx.xxx

There are 100 ways to buy without a bank. --67.175.xx.xxx

What do people think about partnerships? I could see them not working out a lot of the time. --38.97.x.xxx

I am at the same point - thinking how to raise capital. In my area at least it seems to be a good time to buy, at least with prices now you have a chance of positive cash flow... --71.198.xx.xx