Have ever heard a real estate “guru” preaching that you can become a real estate investor with “no money down”?

If you haven’t already, stay in the industry long enough and you most definitely will.  

Typically that claim is followed by a sales pitch offering to teach you the secret formula for some ridiculous price, and only for a limited time…..act now!  

These types of tactics are what end up washing a lot of people out of the real estate investment industry, and ultimately rob them of their dreams of passive income. It’s a downright shame.  

 So let’s set the record straight. Is real estate investing in Canada possible with no money down?  

No….mostly.  

You see, the vast majority of books made on the subject are written about the U.S. market. It’s a different country, with different rules. Though a lot of the strategies and tricks they use do translate to the Canadian market, the no money down tactic doesn’t. You need money to become a real estate investor. That’s the bad news.  

The good news?  

Once you get started, it’s pretty easy to keep going. Truly the sky is the limit. Once you have the right team in place, getting good properties, good tenants, and the right financing in place is so much simpler.  

Of course there are exceptions to every rule, and we do talk about one of those exceptions that exist here in Canada, on today’s episode of the “Investment Property Income” podcast.  

No money down is possible in Canada, but it’s a rare and very niche thing to find. 

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