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How to Buy Your First Deal with No Money Down - Real Estate Investing with Grant Cardone

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Our offerings under Rule 506(c) are for accredited investors only. GENERALLY, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. BEFORE MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES NOT EXCEED APPLICABLE THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(D)(2)(I)(C) OF REGULATION A. FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO WWW.INVESTOR.GOV. Subscribe and comment to qualify for a FREE Real Estate Investing Coaching session with Grant Cardone. For more click here: http://www.grantcardonetv.com/realestate Uncle G brings it for free every Monday with captain Ryan. Today on the show Grant advises to not chase your budget. Finances are won on offence. When you don’t have money, you need to get other people’s money. Who’s got your money? Don’t buy deals you wouldn’t look at if you had a bunch of money. The fact is, we all get stuck finding money no matter how rich you are, so the thing to keep in mind is the deal is what matters, not how much money you have. Most people do deals based on how much money they have. There is no such thing as no money down because you will have to exchange something with them—sooner or later the money will have to come from somewhere. Where can you go to raise money? It’s out there, you just have to find it. Act as a broker and act like you know what you’re doing. Here are 3 things to ask before going into any deal: 1.Ask a woman to tell you how she felt around the property. Just like when you go into a room, you know how it feels. How does the property feel to you? This is subjective, but ask yourself this. 2.Go over the numbers, the T12. This is objective. Do the numbers add up and make sense? 3.Go look at worst case scenario. Go look at the worst year ever. Will it still break even if another 2008 happens?
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Text Comments (1217)
Terra Ninja (2 days ago)
Love the energy but what is the advise if you can only afford one unit?
Amanda fuckmyselfup (5 days ago)
grant is a loser.
Nadir Hossain (6 days ago)
Greetings from Dhaka, Bangladesh! I like you so much! I how I can join you?
Nelson Domena (9 days ago)
Amazing video Uncle Grant thanks for the info.!!
Christopher Willis (10 days ago)
It seems like a lot of risk and borrowing for a little return once you pay investors and taxes
Diego Lazo de la Vega (10 days ago)
I'm 16 years old. Remember what i say... watching this guy every day for the next years will help me and at age 25 I will be a Millionaire
James Walton (13 days ago)
What was captain Ryan’s email??
subscribah (14 days ago)
you need to slow down when your doing them calculations mate
Luis Ignacio (14 days ago)
Grant Cardone = Pablo Escobar
Joao Rosario (17 days ago)
Does this information still apply to this year?
mileyondrumz (18 days ago)
Hey! I’m new here! I’d love to see the math a little more slowly and/or clearly... or explain the percentages and fees and minimums etc ... I’m a drummer haha. Maybe an episode on calculating all these numbers more? And wait, what’s “accredited”? How do I get accredited ?
Mags Stormy (21 days ago)
Great information, I found two properties for such deals. So your going to be one of my investor/s, right.... 😏
Handel Savary (24 days ago)
Grant just straight up threw this guy's phone 😂 45:40 watch his reaction Love the advice btw, thank you for this service
Janseen Daniels (27 days ago)
Are the principles applicable to someone living in a third world country?
mouad bekka (28 days ago)
How about property tax ?
mouad bekka (28 days ago)
I wanna invest with you ,, can i ?
Ty Fowler (28 days ago)
This comment section is full of bad advice. If you want to get in the game, there is a real way. You gotta start somewhere. It's called house hacking. Buy a house with an FHA loan so you only need 3.5% down. Should be around $6,000 - $8,000 if you buy somewhere cheap. Then rent out most bedrooms to long term rentals and one bedroom for air bnb. Boom. Instant ROI. And...if you live there, you are now living for free. Use the money you're not spending on rent to buy your next property.
kaihan2002 (29 days ago)
You guys ever take bong tokes up your ass?
Sultan of Cebu (29 days ago)
When he threw that phone lmaoo I love your energy dude.
HanchoPOW (1 month ago)
Lose the sidekick .
JamesScottGuitar (1 month ago)
What do you do when you’re living in a market that is already inflated?
Donald Bolden (1 month ago)
😳 open me up to a whole new world 👍🏾 thanks Grant
Loud Mike Productions (1 month ago)
Check out my channel guys!!!
Buster Biloxi (1 month ago)
I got a no-money down loan for a duplex. No money down. There were various fees, not much, on a place that cost me 120 grand. Two units. Rent I collect per month: 1,000 bucks. Mortgage: 1,160 a month. 12-year mortgage. I'm three years in now. Units always rented out. At the end of twelve years I'll collect another two years worth of rent and break even. Then I'll sell and whatever I make is gravy. Profit. Got that? I repeat: No money down. How? I had (still have) other properties in my portfolio. Paid up. Finished. Pay attention! You people are not Grant Cardone. Get Real. Even better: GET REAL ESTATE Also, property managers charge 3%, not 10%. Don't buy in junky areas. Less than 16-units is ok. Do what YOU want. Not what Cardone does. Not what I do. Do what you can, man! Baby! Baby! Custodians living in the building? Really? Dude! Dude!!
Louis Cipher (1 month ago)
Fuck, I just got my nut off this video. You're an animal. I'm ready to kill it and step my game up
Fletcher Persinger (1 month ago)
I found you through Patrick Bet-David Interview this is my second video watching you. After 30min in I Subscribed
Amy Henson (1 month ago)
Grant, Thank you for sharing your story. I am a recovering addict and your story has inspired me very much. My daughter graduated from hs this year and I am at a place in my life where I can invest my time and the small amount of savings (abt. $5k) I have at the moment. I am super motivated and know that anything is possible if I stay focused and surround myself with positive people, like yourself. I would love to come to one of your conferences and also bring my daughter along. She started college this fall and has already dropped out. I have always told her that I wouldn’t be disappointed in her if she didn’t go to college immediately or ever, for that matter. I know at 18 yo I had no clue as to what I wanted to do with my life, yet I went to college anyway and now I owe $50+ in student loans. My daughter is also motivated and extremely talented. I am so proud of her for having the courage to follow her heart, with the risk of feeling like she has disappointed her closed minded grandparents (who have been a huge part of her life throughout the years). I am probably sharing way too much info, but it’s worth the risk, today, to try and get any advice/help I can get. I have been watching Tai Lopez’s YouTube Channel and that’s how I found you. This is the second video of yours I have watched and you seem to genuinely want to help people. I admire you for giving back and sharing your story so openly. You prob have no idea how many people you have helped/are helping. It has always been a dream/vision of mine to own rental properties and also flip houses. Because I have such a small amt of cash, would you recommend that we first find one or more products to sell on amazon/shopify, etc. to earn more money before even thinking about real estate? We are at least wanting to invest in one of your classes/test groups, but I wasn’t sure if that would be one for e-commerce or real estate? I am desperately seeking guidance or a mentor to help with this process. I have no doubt that my daughter and I, both, will achieve financial freedom and I am so ready to start this journey. Thank you, again, and I look forward to hearing from you! Keep doing what you’re doing. You are touching lives!
Julia Luong (1 month ago)
I m obsessed with business, and I want to start a small one first, right? I dont have million dollars, but some to start with 4 units....teach me, please!!!!!
Julia Luong (1 month ago)
how to find the deal, Grant? julia
David Funai (1 month ago)
Cheers to the Will Ferrell of real estate. Kidding aside, thanks for the video.
Jaleel Filmore (1 month ago)
i LOVE HOW HYPE HE IS. I KNOW YOUR PITCH WAS INSANE IN SALES!
Loud And Clear™ (1 month ago)
Now I know what you do..... took a million searches. This video should be on your home page
NBA (1 month ago)
lol - grabbing his phone, telling him to call the broker then tossing his phone on the desk like it was yours :)
NBA (1 month ago)
Are condos a good investment? I work in law enforcement $84k/yearly and own 4 condos now (had 7 at one point). just put $20k into a full remodel and about to sell and net $47k. was thinking of beach/vacation condo and AirBnB the hell out of it...but now your videos have me thinking of apt buildings instead....im mind stuck now - lol.
smerduh (1 month ago)
How on earth can you produce 4000$/month income from a 200.000$ deal?? I live in Slovenia and 200.000€ buys me 3 shitty apartments that I can rent for about 350€/month or 1 nice apartment that I can rent for about 700€ - 1000€ tops. If I get really creative I can buy an old house, repair it, rent it to students for 200€/room and if I am very lucky I can produce 1500€/month income tops. Please advice.
Ashford Rogers (1 month ago)
Where or how do I find 32,84 + unit deals??
Grant I am watching more and more of your youtube videos to get started on my first deal of real estate. Right now i am trying to sell my condo first, that I was renting but i want less stress!
Eduardo Tarusov (1 month ago)
Grant, why do you tell the guy to talk, and then not let him talk?
Giorgio Grimes (1 month ago)
Who do I go to if my family members don't have a lot of capital. Is dealings with investors on my first deal advised?
Rainmaker TV (1 month ago)
Does your training program include how to get this information and how to attack a deal?
T Jenkins (1 month ago)
i dont think ive ever loved a man i never met. but i think i love this man. not sexually(gotta clear that up)
Avinash uppal Uppal (1 month ago)
Can you show us how to calculate all these deals and know how much to pay the investors and so on?
Elias Zeghen (2 months ago)
Hi what can I do if I have 20k and i never done a deal ? Thanks
Conor Rohrer (2 months ago)
Loopnet, what else are some services that he mentioned?
Renaldo Susilo (2 months ago)
How can I get my first property in Denpasar before I'm 20?
Rebecca Grider (2 months ago)
Would you talk more about “to have or not to have a real estate license” and how to pay & manage your property manager.
Pamela Byng-Jones (2 months ago)
Is it worth it to pull your money out of 401K, IRAs to become one of your investors?
Adam Wade (2 months ago)
The man didn't even know he was live. He was a man of integrity when he thought no one was looking. That is freaking powerful Grant.
yoefh001 (2 months ago)
Scamming written all over: give me your money, I'll pay you 6% no matter what!
Joshe Martin (2 months ago)
Hey guys, I have 5000 but have nothing else, what do i need to do to work with you?
Geek Notion (2 months ago)
captain is slow!! on math for the calculation!
ShizSkrambler (2 months ago)
Where do I look for multi unit deals?
Woke Watch (2 months ago)
I love people....... 's money.
Dian Sukarmiani (2 months ago)
Hi Grant I really love all your video make change how i think about money. Well, I know i work for hotel in Bali, Indonesia in small island called Nusa Penida but this island has good progress, many foreigners now coming here. And hotel owner offer me his land cause i really want to have land here and i know exactly for 1,5 years how the progress here. He sell the land with really good deal cause I make good business ( good revenue ) for him, I work as a sales in his hotel. He sell 1,000 dollars per acre to me and i want to take 20 acre but he want to offer 40 acre to me and i only have money for 20 acre land. Do you think I should go to bank take loan for other 20 acre land ? Otherwise i will lose this chance Really need your suggest Thanks, Dian
Alexis Jacobson (2 months ago)
Mr. Cardone, if I have 400k together, should I just go for 1.5M deals or try to go bigger and get investors? I’m a good closer, if that helps you answer! ARC - A from SJ CA!
mightbegenius (2 months ago)
Problem is.... a lot of us don't have a rich uncle or any family member with a million bucks in a bank. Literally, there is no one to give us the downpayment...
Woke Watch (2 months ago)
I know about zero people with kind of money.
Fortnite streamer (2 months ago)
Hey Mr grant how can i invest my money to take care of my 2 kids if i have 20k to invest i spend over 30 k im not trying to go broke im only 24 help me pleases
WordsCreateWorlds (2 months ago)
that intro lmao
Jane Heimbichner (2 months ago)
I love this. I think I need to bone up on my real estate math. What is T12? Any suggestions on on where to get good investor math help? I would love something on this.
SMITHTONE RECORDS (2 months ago)
THANK YOU GRANT, DUDE YOU ARE MY INSPIRATION! I brought your closers product and it has helped me so far. I got to live with it a little while longer. I make about $120,000 average (give or take), and feel like I'm making $40,000. I am already 58 years young, I don't have a lot of time before I wish to retire, I'm a songwriter & producer, I'll like to have some fun before I get too old. Help!
chris wong (2 months ago)
How to become accredited investor?
exto (2 months ago)
mr Grant thank u so much for this video am from nigeria and i am learn ur tips i am a baby real estate investor and a student God bless u
Meg Ann (2 months ago)
Can you tell me where I can find an apartment analyzer sheet or excel software that you use?
Meg Ann (2 months ago)
What does "preferred" mean?
Meg Ann (2 months ago)
Love your show. Question: I need to know more about SEC and how to sign up, what is involved, how important it is, etc.
Jman lew (3 months ago)
my thoughts are where are you gonna get a 80 unit place for 1.5 mil
Diamond Higgins (3 months ago)
Where do get the money from to fix up the property when you first buy it? Also, can you do a video about figuring out the numbers to manage and/or fix up a property? How do you go by managing your properties? Do you use a management company?
Pan Agis (3 months ago)
Where can i invest my 30k euros i m not in US...
Grant Cardone (3 months ago)
You can invest at CardoneCapital.com
Axel simonsen (3 months ago)
Whats the best way to build a network in the Real-estate community?
Buster Biloxi (1 month ago)
Try networking.
Le Guru (3 months ago)
Do you do international real estate too ? Please could you talk to us more in markets and investors !! Thanks a lot team Grant Cardone
Fiacre Brissi (3 months ago)
What’s your minimum investment?
Grant Cardone (3 months ago)
cardonecapital.com
Linken (3 months ago)
What’s a good income/investment ratio in order to expect return worth investing without barely making it by until the investment starts kicking in to invest more? Say I’m making 5-8k a month but want to invest would I save over a 6 month period withholding 40% income at a mid range of 6500 a month leaving me with 2600 every month multiplied by 6 ending in 15600. Even at say 11-12% with your 6% then 65/35 that’s around 1716 income.. what is the goal to stack more of the starting flow of cash to make the investments worth doing? Hopefully that makes sense
Zay Rubio (3 months ago)
Your really inspiring, I wish I had the money to take the time to meet you at one of your events I respect the knowledge your giving us it’s crazy how much I’ve learned in just 1 hour I’m middleclass 25 bad credit kinda rough life thinking bout just giving up, but god put you in my way and showed me that there’s more in life , us people are just so ignorant and blind it’s crazy thanks a lot for your time !!!!! May God Keep blessing you 🙌🏻🙌🏻🙌🏻🙌🏻
Kori Brooks (3 months ago)
Question...unlike what the comments say wouldnt it be smarter for you to to what Bill is doing, start small with one house, work your up to however many, sell houses in a bundle then go to the next investment instead of saving a shit ton of money like 100k and up to just start out? Also should you get a real estate license or no?
Bernard Yeo (3 months ago)
Excellent stuff Grant! Thanks a million for your sincere sharing!!
Rilly Jo (3 months ago)
The last calculation on the 64 units where he did the NOI minus the 156k to get the $115k, what is that 115k figure? I understand he took the 272k which is yearly takeaway. But subtracting the 58%from the 2,700,000 does what?
logan williams (3 months ago)
6% brokers fees on 700 million is 42 million. AKA Grant could be 42 million dollars richer if he had a real estate license. Love the guy but a RE license is useful.
Victor Mendoza (3 months ago)
OMG this video just saved me lots of time. I was going to eventually get a license but there you go. Going to focus on AWS cert instead cause I love it and programming.
Lazar R (4 months ago)
Amazing episode Grant. If somebody had access to $3M of private funds, how would you recommend setting up the syndication? Can you explain more about the corporate structure? I understand and agree when you say the private money should get all the returns in the first year since they’re funding the project , and profits above x% are split 65/35% , but I’d like to learn more about how you would get started - how much do you expect legal fees to cost to make a contract for this syndication?
G Rad (4 months ago)
Do you really need to open with joking about your package? so slimy.
RandomHypeTV (4 months ago)
you're fucking goat'd
Mario D. Stavropoulos (4 months ago)
How do you renovate all the units in that place while it's still being occupied?
Sam Vail (4 months ago)
Im ready for a Real Estate Investor Mentor to Coach me.....Grant are you available??
Grant Cardone (4 months ago)
call the office 310 777 0255.
D-Pup Pup (4 months ago)
my goal is $50,000,000 in the bank by age 30. I just want your support. thanks!
Matthew D. (4 months ago)
How about a former old folks home. 20 units. Only 3 units have kitchens. Nothing is currently rented out. Built in 1912, brick, nice looking. Good location, small town in need of apt's. Do you only buy apt. complexes that have people renting out rooms? Planning on looking at it next week. Thanks brother...keep them videos coming!
J D Z (4 months ago)
No Grant, I don't know ANYONE that has $400k, much less someone that would lend that to me. I think you have some good things to say, but you should be more honest about how hard it is to do. Instead of trying to convince everyone it's all their fault for not thinking big enough.
Buster Biloxi (1 month ago)
Cardone does not develop property. Does not take real risks. Does not create neighborhoods and communities and schools. Just makes money by skimming. Doesn't hire builders and contractors. Buys distressed properties. Got that, people?
DJ DOVANO (4 months ago)
nice
patrick heisler (4 months ago)
What can I do to get into the. I'm younge and basically broke
patrick heisler (4 months ago)
I need help man
DREGA (4 months ago)
What if the people that lent you the money want it back after a year or whatever? You gotta sell the whole property to make them whole.
Bruce Byrd jr (4 months ago)
My partner elliette Jackson knows you I want to become a partner how can I reach you.. you gave me more confidence just listening to you
Jacqueline Saltos (4 months ago)
I live in Cali and I am a real estate agent. Hard to find a 4cap thats larger than 60units. Suggestions? Thoughts?
Alex Kingcole (4 months ago)
I'm here, and all ears, Grant. Subscribed and a new loyal customer on your material.
Fabian Baez (4 months ago)
Every Mon GC gives a freakin' Master Class in RE esp. big multi-family. Golden 🌟💯
Andre Chandler (4 months ago)
I’m 19 and I’m a freshman in college I’m still trying to figure out do I get a job save up like 2000-5000 $ and we’re should I look once I get some money to start
Luis Miranda Nassi (4 months ago)
This motherflower made me LAUGH the whole morning! 😂😂 That intro 😂
Steve Vennemann (4 months ago)
I just started watching you yesterday, Love it ..
trav v (4 months ago)
OK this title sounds totally sensational and clickbaity, but if you deliver you are a genius. I will give it a shot.
Serena Dingus (4 months ago)
What if you have nobody period
Serena Dingus (4 months ago)
How do I get started I'm a stay at home Mom so tired of struggling to barely make it day by day
Gavin McCormick (4 months ago)
this was excellent, thankyou
Angel Diaz (4 months ago)
🔥🔥🔥

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