It’s simple: The money is out there. There’s about a million and 3 ways to raise money for real estate.
Starting with people that know and trust you may not be a bad idea. Even if they don’t have cash, maybe they have a ton of equity in their homes and can tap an equity line of credit for you?
These lines usually carry low interest rates and long-term payment terms. This is just one of a thousand ideas. And if your friends or relatives don’t have money to lend rest assured there’s a ton of people directly in your area who are ready to lend someone like you!
Actually, one of the best ways to get funds FAST is to talk to somebody who is already lending money on a regular basis.
You don’t have to sell them on becoming a private lender.
You don’t have to convince them or educate them about the process.
These individuals are actually already looking for smart investors like you to bring them good deals in order to earn a return on their funds!
All you need to do is find them and approach them.