Liquidity for funding?

[Rickey Hughes]

So I've been researching real estate investing for a year and finally deciding to pull the trigger. I'm having a hard time with the funding portion. All the hard/private money lenders I've reached out to require at least $15,000 in liquidity. Is this standard or am I missing something here?? I 'm a little frustrated because of all the podcasts/workshops/forums etc. I've been involved in NOBODY ever mentions that you need that much money just to qualify for funding. I've been throwing cash at my debt for 2 years so I have 50k in credit available to me, but it seems I should have putting that cash aside all that time instead.

One way to get around it is to add a co-owner to my llc which I could do but then we both have to file federal taxes on it right? I have a family member that would do this but I'm not sure if that makes sense from a tax stand point, and how that would affect their credit.

If anyone has any info that could help me out with this problem I really appreciate it.