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Updated over 6 years ago on . Most recent reply
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How easy is it to get private money?
I was wondering, I'd like to start to buy some RE but I was wondering how easy it is to get money? How much do you typically put down? I hear it is easier to get private money? What is the best way to grow? I know banks can be harder to get money from... I can put 10-20% down but I just would need to get financing for the rest of the amount. What is the best way to go about growing RE?
Thanks!
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@Mike Bereck I can assure you it's not easy to get private money. Plus, even the "easy" private money comes with a ton of stipulations. Please, don't read too much into gurus/mentors telling you this nonsense. Initially, you will face an uphill battle especially as you don't have a track record.