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Updated about 5 years ago on . Most recent reply

User Stats

2
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0
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Ryan Brakefield
  • Rental Property Investor
  • Phoenix, AZ
0
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2
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What is the best way to raise capital?

Ryan Brakefield
  • Rental Property Investor
  • Phoenix, AZ
Posted

I am an eighteen year old looking to move around the Denver area buying one multifamily property a year for seven consecutive years. I know by making each my primary residence for a year I will receive lower interest rates on my loans. I do however still need money for down payments on each of these multifamily properties. I currently have ways I could finance a deal with one of my family members or I could wait to start executing this plan. Instead, finish what I can of college with the little income I have.

What would you suggest I do?

- Finance with a family member

- Raise my own capital

(If yes, what’s the best way?)

- Finish college

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