Nothing Down By Robert Allen Pdf Today

Allen was a master at using assets other than cash to sweeten a deal. He wrote extensively about using "boot" (personal property or skills) to bridge the gap between a seller's asking price and the lack of a cash down payment.

The "nothing down" approach isn't just one trick; it's a collection of creative financing methods designed to solve a seller's problems while building your wealth. How to Buy Real Estate With Little or No Money Down

Allen teaches you to forget banks. Instead, find private individuals with money in CDs earning 2% interest. Offer them 10% interest secured by real estate. They lend you the down payment. Again, you put up "nothing down" because you borrow the down payment from a person, not a bank.

You find a property owner who has equity but no cash flow. You say, "I will manage the property and handle the repairs. You leave your equity in the deal. We split the cash flow and appreciation 50/50." You buy nothing—you simply partner.