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Updated over 10 years ago on . Most recent reply

User Stats

39
Posts
9
Votes
Blake Williams
  • Investor
  • Southbury, CT
9
Votes |
39
Posts

Starting a different business to raise money to get into real-estate?

Blake Williams
  • Investor
  • Southbury, CT
Posted

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.

Most Popular Reply

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1,046
Posts
707
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Andrew S.
  • Investor
  • Raleigh, NC
707
Votes |
1,046
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Andrew S.
  • Investor
  • Raleigh, NC
Replied

Nothing wrong with that idea in principle although it begs the question: if its that easy to make money in this putative other business, why not just focus on THAT?

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