There are lots of ways to finance the purchase of you investment property. There are, of course, two major categories: your money or other people’s money. In this article I want to talk about using your money.

The advantage to using your own money is that you do not have to share the profits. Financing the deal yourself may be easier than you think. A small down payment may be all that is needed to get the property. If you have a decent credit score you may be able to take over the payments on the property.

There are many motivated sellers out there that are desperate to move. Some are willing to walk away from any equity they may have in the property just to prevent a foreclosure. Others may have been forced to move because of a job relocation and are now trying to support two homes.

Don’t assume that you need deep pockets or a pot of gold to invest in real estate. Don’t be too quick to look for partners or outside financing. Not having to split the proceeds when you sell or rent can make it worthwhile to be a lone ranger in your next real estate purchase.