Carleton Sheets Agrees:
You Can Buy Multi-Family Properties
With No Money Down, Too!
Carleton Sheets, Americas late-night, no-money-down real estate guru agrees that you can buy multi-family properties with no money down, just like you can with single-family properties!
For years, Carleton Sheets has sold home-study courses for buying single-family houses. But if you look at the Carlton Sheets infomercial closely, he has a testimonial from a star student that bought a multi-family property with no money down!
Well that's not news to me. I'm David Lindahl. I've been buying multi-family properties for the past 12 years. While Carleton Sheets has been building up his good course material, I've been building up my portfolio of over 600 multi-family units--that's 600 monthly checks coming in! And I to add to my portfolio regularly. Best of all…
…it's been years since I talked with even one of my hundreds of tenants!
Who is Dave Lindahl?
If you need a refresher on my background, I was a burned-out landscaper 14 years ago. I had:
- No money (OK, that's not totally true; I did have a whole $800 in the bank);
- No time (that one is definitely true, because each night after a full day of grunting dirt and railroad ties around in my landscaping business, it was all I could do to pop a cool one and collapse in my chair in front of the TV);
- No experience. My family didn't know anything about real estate. In fact, I got the "Dave, you're making a big mistake!" speech when I mentioned real estate.
I didn't "luck into" a fortune. I instead made it using tested and proven systems I developed over time. At first they were crude, but I hate making the same mistake twice, so I got better fast.
One of the key areas I focused on throughout my 14 years of doing real estate is attracting private money. In 2007, I attracted over $22 million in private money to fund 11 deals with a market value of $87 million. I now control over $160 million in real estate across the country.
Recent Press
Ron LeGrand, who knows Carleton Sheets well, calls me "the nation's leading expert on multi-family properties".
I've recently finished a Special Report that I'm willing to send you for free: It's called "23 Ways To Buy Multi-Family Properties With No Money Down".
Here's just one of the techniques that I teach my students to do: It's called "Equity Share".
You find a great deal, but you don't have the funds for a down payment. Find a fellow investor; this could be someone from your local real estate investment group, a family member, your dentist, doctor, or a wealthy member of the community.
This person puts up the down payment. It might be 10, 15 or 20%. The investor now becomes an equity partner in the deal for the same percentage of the down payment.
This means when you sell the property, the equity partner gets that percentage of the profits and the cash flow, and you keep the rest.
For example, a student of mine, Justin Anderson from Augusta Georgia, bought a 110-unit complex using an equity investor for the down payment. He currently has a positive cash flow of $6,472 per month. Of that amount, the private investor gets approximately $1,200 per month (a nice profit)…but that still leaves Justin with just over $5,200 of positive spendable cash flow. Month after month!
The property now has over $700,000 in equity. When it is resold, the equity partner will get $140,000, leaving Justin with $560,000. Not bad for a no-money-down deal!
Even Carleton Sheets would agree that Equity Share is a very powerful technique!
So keep up the good work of learning real estate from Carleton Sheets. But I suggest you also look into turbo-charging your bank account with my step-by-step system of investing in multi-family apartments, with no tenant management headaches!
Still skeptical? Good, I like that. But you say you're open-minded and want to learn more? Fill out the information below and I'll send you my Free Special Report:
"27 Ways To Buy Multi-Family Properties With No Money Down"
Just tell me below where I can send you this free information, and you can decide for yourself whether I'm Talking Trash--or Talking The Truth--about how to make loads of money with apartments.