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Updated almost 5 years ago, 01/17/2020
What is the best way to raise capital?
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