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Daniel M. Eads
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Trying to close my first deal

Daniel M. Eads
Posted

After 3 years of learning and thinking about starting I’m putting my foot down and going to get my first deal done. 

Found a duplex in California. I'm ready to pull the trigger using a DSCR loan. Need to source a company for the loan as well as find an investor for the down. $50k investment needed. Any immediate pointers for networking to get in contact with an investor?

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Nicholas L.
#2 Out of State Investing Contributor
  • Flipper/Rehabber
  • Pittsburgh
5,566
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Nicholas L.
#2 Out of State Investing Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Daniel M. Eads

hello.  are you saying you're trying to borrow the down payment?  that likely means you're not ready to invest... being 100% leveraged is both expensive and risky.

but if i'm not reading your post correctly just let me know.

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