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Updated about 10 years ago on . Most recent reply

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31
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5
Votes
Seneca Stephens
  • Greensboro, NC
5
Votes |
31
Posts

Where did you get the money?!?

Seneca Stephens
  • Greensboro, NC
Posted

This came to mind from a blog post from Brandon Turner "3 Smart Ways to Make an Extra $1,000 a Month Through Real Estate Investing" as well as seeing quite a few success stories.  Aside from thinking how an extra $1000 a month would help me *coughstudentloanscough*  I've been still browsing, reading, absorbing information from this site but find myself wondering how people starting out funded their first real estate venture.  I've seen quite a few blogs about how to start when I just happen to find a couple of hundred thousand dollars when I washed my jeans (just joking about that) but I also wonder about those who didn't have the money flat out to spend on say a rental or a flip.

Most Popular Reply

User Stats

234
Posts
132
Votes
Amanda Sutherlin
  • Flipper/Rehabber
  • Spring Hill, FL
132
Votes |
234
Posts
Amanda Sutherlin
  • Flipper/Rehabber
  • Spring Hill, FL
Replied

I saved for ovr a year and tracked all my money in Mint. Then i took each and every bill and tried to reduce it, and I did. After a year I was able to purchase my first rental.

Good Luck!

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