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Updated about 10 years ago,
Starting a different business to raise money to get into real-estate?
Hello everyone, I've been doing a lot of reading lately and have been trying to come up with my plan for how I'm going to actually get into the real-estate business, as well as what strategies to use once I'm there.
That said, as you know the cost of buying a property can be a large barrier to entry for new investors, and I've been trying to think of different solutions to this problem.
One idea that I thought of, was potentially starting another smaller and less expensive business to help raise the cash for a downpayment. I was curious if anyone else had any experience with doing this or if you would recommend it at all.