No Money Down Real Estate Is Still Real | David Webb on OPM, Apartments & Buying Property with $0

Most people believe real estate investing is impossible without savings, perfect credit, or years of experience. They’re stuck renting, stuck in cubicles, or burned out running businesses—convinced that real estate is only for the wealthy or well-connected.

That belief keeps people trapped. While they wait to “fix their credit” or “save a down payment,” time passes, rents rise, and opportunities disappear. Worse, many were never taught about passive income at all—only how to work harder for money instead of making money work for them.

In this episode, Jeff Kikel sits down with David Webb, known as the No Money Millionaire, to break that myth wide open. From growing up in Detroit with a single mother on welfare to being evicted over 15 times, David shares how he learned—through painful trial and error—how to buy real estate using other people’s money (OPM). He explains how he acquired apartment buildings with $0 of his own cash, how to approach investors the right way, and why determination and perseverance matter more than credit scores or capital.

Key Takeaways:

• Why most people are wrongly taught to “work for money” instead of building passive income.

• How David did two no-money deals early on—but still struggled with mindset for years.

• The moment the “light bulb” went off when he bought an apartment building with OPM.

• How to find investors without knowing rich people or attending fancy meetups.

• The exact language to use when asking someone to invest with you (and what not to say).

• Why value-add apartment buildings create faster wealth than single-family homes.

• How 5+ unit properties are evaluated based on the deal, not your personal finances.

• Why seller financing and house-hacking can help people start with bad credit and no cash.

• The difference between competitive vs. creative mindset in building wealth.

• Why time freedom—not just money—is the real goal of financial independence.

About the Guest:

David Webb, known as The No Money Millionaire, went from rock bottom to building a multi-million-dollar real estate portfolio by mastering mindset and leveraging Other People’s Money. Today, he teaches everyday people how to break limiting beliefs and use proven no-money-down strategies to create financial freedom. His story is gritty, real, and proof that wealth isn’t reserved for the wealthy—it’s available to anyone willing to take action.

Links:

https://nomoneymillionaire.com/

https://www.facebook.com/thenomoneymillionaire

https://www.youtube.com/@NoMoneyMillionaire

Fast Five Questions:

1. If you woke up and your business was gone, you have $500, a laptop, a place to live, and food, what would you do first? “The very first thing I would do is get part of the real estate groups—introduce myself and let people know what I want to do. Then I’d find lenders and ask them bluntly what they need from me. And finally, I’d get active in chambers, meetups, Rotary clubs—anywhere business people are who want to invest but don’t have the time.”

2. What is the biggest mistake that you have made in business? “Partners. It’s like a marriage, and disagreements in business can be disastrous. You have to be very careful who you partner with.”

3. What is a book that you would recommend? “The Science of Getting Rich by Wallace Wattles. It completely changed my mindset from competitive thinking to creative thinking.”

4. What is a tool that you...