Real estate investing can seem daunting, but there are several ways for you to get started. They include microloans, partnerships, seller finance, property lease options, and REIT investment.
According to Gunjan Goel, Director of Goel Ganga Developments, “microloans are intended for newer or starting firms, whereas REITs are practical and offer competitive returns.” Options for leasing property are affordable upfront and generating rental income without a mortgage. On the other hand, using seller financing is a tried-and-true way to buy real estate without meeting standard loan criteria. The ability for groups of investors to buy and operate properties jointly through partnerships or REIGs also helps to alleviate individual management issues.
