Financing First Deal

[James Valice]

I am 19 years old, and after talking to some bankers, I was told that being so young and inexperienced a double-digit interest rate would be the reality I'd have to accept. That being said, I wanted to ask the community for some information and strategies to help me maneuver through this roadblock. Is it illogical to believe that private money would offer me any better rates? How did you finance your first deals? Is seller financing the best option for me?