Would like to syndicate with family and friends, but how?

[Justin Young]

Aloha BP!

Recently, I've gotten in touch with a few wholesalers and someone to manage the rehabs for me when I'm ready. The thing about that is, I AM READY but I don't have enough capital to for the purchase price plus rehab costs. My options are 1) Wait and save, save, save until I can purchase a property or 2) Create a credibility packet to show to my friends and family in hopes that they feel confident enough to lend me money. I know many people here on BP suggest that I build a reputation first then start to ask for money but that would take me at least another year to have enough funds to do so on my own. I've been speaking with my friends and family about my RE goals so they are aware of what I'm trying to do. The difficult part for me would be speaking with them about lending. Any advice from fellow members will be greatly appreciated. ALOHA!