One Way Poor People Can Buy Land With No Money

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Published 2016-01-10
Becky's Guide To Buying Land, get the eBook here: goo.gl/E54N13 One way to buy property when you have no money…you're poor and you have no credit. And you feel like it’s a hopeless situation. Well I’m here to tell you it’s not. I know because this is exactly what I did, and now I’m mortgage free.

In this homesteading video Becky explains step by step how to buy land if you're poor and have no money and no credit or bad credit.

All Comments (21)
  • @vinnyavalanche
    I remember watching this several years ago wishing I had my own land...Now I own 32 acres in the mountains. Thanx Becky.
  • @weezeink1983
    I do agree with this. I've done this, my mom has done this and showed me how to do it and now I'm teaching my kids. We've been doing this for 3 generations. You don't need a bank. You just need your brain.
  • @marshamercer876
    Make sure you do this with a attorney. Make the deal with the owner. And then get a attorney to draw up the land contract and research the title. DO NOT DO THIS WITHOUT A ATTORNEY. Lots of people are offering rent to own. That is a big trap. They can throw you out and keep your money.
  • We recently bought almost 4 acres. I understand the idea of wanting flat land, but we didn't have that option in our price range, and we bought a home on a bluff overlooking the Mississippi. However, we have been very creative and we're using the whole space, even though it's slanted in many areas. We have a sloped drain field for sewage, and we created mowed paths in it and planted wild grasses and wild flowers to attract bees, with a water feature for birds and a bench. We planted/are planting more fruit trees in another sloped area. We have some areas where the bluff was cut into, and so it's a completely vertical dirt wall; we are planting climbing hardy kiwi plants there. We planted 14 grape plants on a slope going up. We planted elderberry, blueberries, blackberries, raspberries (and bonus, lots of wild black raspberries already growing here). We planted a hedge of American hazelnuts. In the flatter areas, we have a large fenced garden, and chicken coop (although they free range). We're adding more garden space this summer up on a flatter spot halfway up the bluff, and even edging the borders of the woods with additional plants. Anyway, all that to say... Yes, flat areas are sure easier to get started on and may have more usable space, but other than the woodsy areas we have that are all trees (where we made fun hiking paths for the kids to enjoy), we're using every bit of the land for both enjoyment and food production, and in time, we'll have an abundance of edibles! ❤️ Plus it adds variety and interest to the space, and we get to enjoy a beautiful view too.
  • This lady just gave me a sense of hope of owning my very own little farm life I’ve always wanted.
  • @skoalmen143
    I just closed on 40 acres. No down payment, No credit check and a monthly payment of $93.50 that starts in six months. The key is finding a motivated seller. Thanks Becky!
  • Becky you are my inspiration. I took this advise and even though things are different here in Uganda (Africa) with my wife we have worked this out and now own 2.3 acres. We keep goats, chickens, rabbits and guinea fowls. Thank you. I just came back here to say that.
  • @nyreggie
    Most people procrastinate because they're unsure. We over analyze because we're unsure. Just do it anyway. Time costs lives, Most times it amaze me greatly the way I moved from an average lifestyle to earning over $63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities are bound in the financial markets, The only thing is to know where to focus.
  • @tavoya88
    You are sooo right! I'm about to purchase land in two weeks with a "Sale by owner" no banks involved expect getting a cashier's check. And closing cost fees are below $900 with no liens and backdated taxes. BEST SMART decision I made.
  • My partner and I just paid $250 down and we're paying $160 a month for 3.5 acres. We have a small stream-fed pond, an area of forest, and some field. We found it in our local paper. We're super excited! 😁
  • I love you!!! I lost my mom and my sister when I was very young! I am now married with 4kids and we want a homestead! My kids want it most! I thank you so much for ALL your videos! It's like I have a question or worry, or making plans and I feel like I just asked my mom or sister for advice and there you are! Thank God I found you and thank you again for all the awesome information! Much love and success to you 🙏❤️
  • @amdg2023
    Even if you had great credit the banks don't loan on raw land, even if you put down 90% cash the banks still won't make the 10% loan. The best way to find properties is by contacting land owners through the county assessors records, write them all, once you get a seller talk to them about carrying the paper (owner carry back). There are many reasons why an owner will want to carry or you can convince them that it will be great for them because of multiple factors. 1. Capital gains, if they get the full cash value they may have to pay big time to the IRS, 2. Taxes, you will now be paying the taxes 3. Maintenance, the owner is done taking care of the place that's now your problem. 4. There going to make money on the carry interest rate plus whatever you put down. 5. You can do the title work yourself by checking the county records because that's all the title company is going to do and they usually do a shitty job lol. 6. Write your own contract and terms, you'll find tons of examples in the net. 6. Don't use a realtor, NEVER! 7. GET TO KNOW THE LAND OWNER, FORM A RELATIONSHIP, THEY MAY LIKE YOU AND Want you to have the property for literally hundreds of thousands of dollars less than they could sell it for or whatever the amount involved. They may not like realtors or the property has issues they don't want to deal with and you assure them that if they sell to you you'll take care of those problems. 8. Don't listen to friends or family even your wife if they tell you it can't be done, it can. I've made millions doing the above formula, now stop screwing around and go for it. Your welcome. Oh yeah pray for guidance which is actually the most important tip I have. AMDG
  • @johnGilletti
    I have been a real estate investor for many many years, and I will be straight with you...no one has ever simplified the process like her. I'm impressed.
  • @robinlanter4287
    I bought my 10 Acres of land with (owner carry) in 2012 so I didn't have to qualify. I was a single mother with no extra money to put down and not good enough credit. Only thing I had was a decent job. The property has a private well and a manufactured house on it. The land is flat so is all usable. Paid off the property in 2016 so now I don't have a house payment.
  • @coolrayfruge
    Thank you for your advice, answered a lot of questions. I'm 62-year-old veteran. That's living on his SSI, and VA Benefits. Been saving money to buy my own land. My dream is to one day own my own property and live out my days home steading it.
  • @iblegal
    Good morning Becky. My story is, about 7 years ago, I was just driving around and I saw a beautiful piece of land in NW Arkansas. When I contracted the realtor about it, I was told that the previous owner of the land has passed and none of his children had ever lived in the state. My realtor told me they just wanted it sold ASAP. I made a low ball offer for cash and it was accepted. It was listed at 7.2 acres, I had it surveyed and it turned out to be 8.5. There's a seasonal creek that runs along the back.
  • I see a lot of negative comments below however , she is sharing her experience strength and hope of how she did it and was very successful at it
  • Becky you have inspired me. Your positive attitude and trust that we could all do this motivates me to keep going in life. Right now it’s very difficult to pay rent and I have stopped seeing the light at the end of the tunnel. Coming across this video has been such a blessing and I’m excited to start a new journey with a new purpose. Thank you for being a light in this world. ❤️
  • @panther782
    Bought 37 acres 3 years ago after watching this video. Hoping to buy a farm now. I comeback and watch it every once in awhile. Still the best video on the topic.