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It may sound too good to be true, but it’s possible to become an investor in residential real with no money. If you have no savings but want to start a career in real estate investing, wholesaling houses is a great way to get started. With wholesaling, you can put properties under contract and assign them to fix and flip buyers at a higher price. Jiries Dawaher, a real estate investor in Cincinnati, Ohio, has wholesaled over 1000 homes, mostly to house flippers. Since amassing a healthy net worth from this enterprise, Jiries has built a portfolio of 60 apartment rentals, plus investments in hotels.
