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Updated over 8 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Muziwethu Dlamini
  • Parañaque, Metro Manila
1
Votes |
7
Posts

Please advice how to raise capital from a very small income

Muziwethu Dlamini
  • Parañaque, Metro Manila
Posted

I am having a low income earning Job, I am interested in investing in a Real Estate. please help me how did you manage to be where you are today.

Most Popular Reply

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1,750
Posts
879
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Matt Motil
  • Rental Property Investor
  • Cleveland, OH
879
Votes |
1,750
Posts
Matt Motil
  • Rental Property Investor
  • Cleveland, OH
Replied

Hit up everyone you know and tell them what you are wanting to do. Pooling resources in the beginning is a great way to start. You can offer interest rates above what banks are offering for short term loans. As long as the properties you invest in are returning higher rates than what you are borrowing on, the leverage position makes sense. 

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