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Updated almost 5 years ago on . Most recent reply

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12
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Corey Collins
  • Dayton, OH
4
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12
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Wanting to get into REI with BRRRR

Corey Collins
  • Dayton, OH
Posted

I am a few weeks into my research for real estate investing and I was curious on some of the best ways to start. I have some money saved but not enough to make a cash offer on my own, what is a good source for beginners with this issue?

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295
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Blake Dailey
  • Investor
  • Ogden, UT
208
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295
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Blake Dailey
  • Investor
  • Ogden, UT
Replied
Originally posted by @Corey Collins:

I am a few weeks into my research for real estate investing and I was curious on some of the best ways to start. I have some money saved but not enough to make a cash offer on my own, what is a good source for beginners with this issue?

Hey Corey. To get started with little out of pocket you could find a partner who has the money and you act as the hustler who finds and manages the deal. You could also market for direct-to-seller leads with something like direct mail and find creative financing solutions from the sellers. Or you can find a local lender and get a mortgage and only bring 25% or so to the deal. There are tons of ways to get started, the key is to just get started. Check out Brandon Turner's The Book on Investing with Low and No Money Down, that has a lot of good strategies as well (but can also all be found here on BP with some digging). 

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