Anonymous
Anonymous asked in Business & FinanceRenting & Real Estate · 5 months ago

What’s the best way to get into fixer uppers without cash?

9 Answers

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  • 5 months ago
    Favorite Answer

    Go work for someone with cash who fixes up fixer uppers.  Save as much money as you can so that one day you will have cash to buy a fixer upper of your own.  

  • 5 months ago

    Actual CASH isn't needed, but credit is. You can't get into 'fixer uppers' without one or the other, or preferably both. 

  • 5 months ago

    How are you going to "fix it up" without cash?  If you want to do it and don't have money, then you are going to have to find an investor who will buy the house and you do the work on it, then you split any profit.  It works for some, but if you don't have contractor experience and skills and you don't know someone with money who wants to partner with you in such an adventure, then go and get a job.

  • Scott
    Lv 7
    5 months ago

    A brick through the window if you don't have a key.

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  • 5 months ago

    Work for someone who is doing it. 

  • G
    Lv 5
    5 months ago

    Picking the lock.

  • Anonymous
    5 months ago

    Whats the best way to speculate in the stock market without money?

    Whats the best way to buy lunch without money?

  • Anonymous
    5 months ago

    You can't buy a house without money, so if you want to buy a house, you will need to find a source for money.   For most people that means saving income from a job until they have enough down payment that someone will loan them the rest.

    How will you fix up the house with no money?

    By the way, many homes that are in a true state of disrepair are sold to cash buyers because it's difficult to get homeowner's insurance on a falling apart house.  Lenders won't lend without a homeowner's insurance binder.

  • 5 months ago

    Find an investor with cash whos willing to go into it with you.

    Since you have no cash..   Are you offering the labor of fixing up the place?

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