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Updated almost 6 years ago on . Most recent reply

User Stats

53
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5
Votes
Dominick Dahmen
  • Financial Advisor
  • Buffalo, MN
5
Votes |
53
Posts

Small Syndication: get deal first or funding first?

Dominick Dahmen
  • Financial Advisor
  • Buffalo, MN
Posted

Hello everyone,

I'm looking to get started in real estate, but don't have money for a down payment or can't get a mortgage. I'm great at analyzing deals. Should I get the deal first or the funding?

And if I get the deal first, do I need to put in under contract before I look for the funding?

Thank you!

Most Popular Reply

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5,037
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4,678
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Taylor L.
  • Rental Property Investor
  • RVA
4,678
Votes |
5,037
Posts
Taylor L.
  • Rental Property Investor
  • RVA
Replied

The money. Get the money first. You won't lock up a deal if you can't prove you can close it.

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