Hard money + Private money

[Jason Gorham]

I always hear about how if a deal is good enough you can get into real estate with none of your own money, so I reached out to hard money lenders to get pre approved and they won’t even pre approve me unless I have 20% of the purchase price as a down payment. I’m hesitant to reach out to anyone in the private money side without being pre approved because I don’t want to hold onto someone’s money if I won’t be approved anyways. Then on the other hand if the private money is a person I don’t know too much how should I approach this? For example if I find a deal do I get it under contract first then go talk to private money, get the funds in my bank, then approach hard money for the rest? Can someone please break down the steps to getting into a deal 0 down if it’s even possible.