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Updated over 9 years ago,
Starting Out - Best Practices in Securing Funding for Deals
What's up BP?!
I have begun my journey in real estate. Here's a little background to give you an idea where I am.
I work the typical 9 to 5 and every spare time I have goes into finding and analysing deals. I read extensively on this forum and listen to many real estate discussions and books. I have friends that work full time as project managers for investors so I get to pick their brains as well.
I am a member of my local REIA (ACRE) in Pittsburgh PA. Been going there for about 3 months now.
I have spoke to family about lending for deals and all who could have opted out so I have yet to do my first deal.
I have analysed about 200 plus properties so far for opportunities and have found many decent deals out there but very few that are great.
I have found a great deal and now with struggling to find the financing. I'm looking for some advice on the best practices for securing funding for deals starting out.
All the help is greatly appreciated.
Thanks everybody!
Phil