How To Flip Houses With No Money

With the superficial increase in property rates today, Flipping houses can be a great financial move.

How To Flip Houses With No Money

It’s a common myth that getting into the real estate business requires having a big bank balance. But what if we told you that there was a way to flip houses with no money? As unrealistic as it may sound, flipping houses without big bills is possible. All you need to do is play your cards right.

5 Ways To Flip Houses With No Money

Let’s take a glance at everything you need to know about flipping houses without spending money. 

Private Lenders

Finding private lenders is one of the best ways to flip houses without putting up any of your money. A private lender will provide you with the money or resources needed to purchase and renovate a property. 

While private lenders help make you whole, paying them back is not easy. In return for providing you the money at the needed time, a private lender would expect you to provide a higher return on their investment. 

According to the experts, looking for a private lender with experience lending money for real estate investment is best. A private lender vested in real estate may be able to provide you with the necessary amount and may understand your needs better than a typical lender. 

Once you pin down a potential lender, focus on generating a loan proposal underlining your business plan and your expected use of the provided funds. 

According to New Silver, some private lenders well-versed in real estate include: 

  • Best Egg
  • Kiavi
  • Lightstream

Extra reading: How To Flip Pallets For Profit?


Crowdfunding is another effective strategy for flipping houses without investing any money. 

The concept of crowdfunding is to ask multiple people to contribute funds in exchange for a small ownership stake in the property.

For example, a property worth $100,000 catches your interest. However, you launch a crowdfunding campaign with a target amount of $100,000, offer ownership stakes to investors who contribute $10,000, and set small steps to help you achieve the goal. Assuming you set a goal of $10K per person, you can get money from 10 different investors. 

And when they agree to pay the amount, you give each investor an ownership stake in the property after purchasing it. Once you have purchased the property, you can calculate each investor’s share of ownership by dividing their investment by the total amount raised.

According to Investopedia, some platforms for crowdfunding include: 

  • SeedInvest Technology
  • GoFundMe
  • Indiegogo

Hard Money Lenders

Unlike their private money counterparts, hard money lenders offer short-term loans for those looking to venture into the real estate business. 

While private lenders give an extension of 15-30 years based on the amount, hard money lenders will only grant you around 6-24 months to return the money. Hard money lenders primarily operate like private lenders, with only a difference in time extension. 

There are considerable pros and cons to working with a hard money lender. For example, hard money lenders have significantly soft lending guidelines than traditional institutions. On the other hand, the disadvantage of working with them is a lesser time limit and a significantly higher interest rate. 

Hard money lenders ask around 11-15% more than traditional lenders and five points. Points are the additional upfront percentage fees depending on the amount you want. Nevertheless, much like private money lenders, you must perform due diligence and consider various options when looking for a hard money lender. 

Since every hard money lender has different criteria or guidelines, spend some time looking for the ones with the most favorable guidelines. 

Hard Money Lenders are only suggested if you are experienced and sure you can accumulate the amount in the mentioned timeframe. 

According to Fit Small Business, the best Hard Money Lenders include: 

  • Baseline 
  • RCN Capital 
  • AMZA Capital 

Partnering with Real State Investors

Teaming up with a real estate investor is a great way of gaining knowledge and success when looking to buy and flip houses without money. 

A real estate investor may be a person or a company that invests in various properties, including commercial and residential, with the aim of reselling them at a higher price. Teaming up with a real estate investor provides you access to the necessary funds to purchase and renovate a property without accumulating the money yourself. 

When looking for a real estate investor, it’s crucial to consider only people with adequate experience and those with the same investment goals. While it may be time-consuming, finding a real estate investor puts you in a powerful position. 

Once you find the right one, ensure to set a partnership agreement outlining how to split the properties, ownership, and responsibilities in renovating and selling the property to avoid any misconceptions and inconveniences later. 


If you can’t pin down a private or hard money lender, wholesaling is the next strategy to consider. Wholesaling works wonders for real estate apprentices. 

Here is how wholesaling works: 

  1. Begin by finding a property for sale. 
  2. Once you find the property for sale, you have to get it under a contract. 
  3. Once you have the contract, you assign the contract to a new buyer. 

While wholesaling is not as profitable as lending, you can still earn 5-10% of the property’s final sale. However, Wholesaling is a quicker way to make money independent of capital investment. 

But, you need to ensure a few prerequisites to make Wholesaling fly. For starters, you need to have a good deal of networking to find properties available for sale. Similarly, you must have an extensive network to find buyers ready to invest in the property. While you may need to devote a huge capital to buy properties, wholesaling depends on marketing, and good marketing requires a little capital. 

Final Words

With today’s financial situation worsening, we understand the need to find lucrative ways to make money. 

While myths and misconceptions are built around real estate and the unrealistically high capital needed to earn any money, making money through real estate is considerably easy. All you need to know is how to, and this guide does just that. 

This guide brings forth some of the best ways of flipping houses without money. Following these strategies will allow you to buy properties and sell them for a high profit and will also allow you to succeed in the real estate industry. Not only are these methods a great way of earning money, but implementing them will allow you to establish a network and gain knowledge about real estate and its dealings. 

Looking for other money-making ideas? Check out:

12 Ways To Make Money Doing Nothing at All

32 Ways to Earn Money Online Without Investment