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Updated over 10 years ago on . Most recent reply

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.
Most Popular Reply

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?