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Updated about 8 years ago,
Getting started without any money..
Hello Newbie here.
I've been busting my butt to learn everything I can and it's a little discouraging when I here the opposite of what I've been led to believe...
I don't know anything about Real estate but like I said learning, but what I do have is rehab experience.
I can do most of the work needed in rehab home or have the ties to get done if we need a license contractor. I was hoping to start with private lenders and Hi hopes that I can pick up a mentor as we go thru the process.. I read and been told that I would be able to fine this kind of lending is this true or not ? On flip side things I'm being told no private lender will work with me cause of my no experience, so is this true??. I thought if I can fine a good deal and prove it's a profitable one and the numbers line up we would go for it.. that why we have all these calculators on BiggerPockets so we know we have a good deal right?? Please help clear the air..
And what's the difference between hard money vs. private money?? Thank guys looking to jump on the train here and built a business..
Fred.....