Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply
![Lateeka A.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1108298/1621509000-avatar-averieavery.jpg?twic=v1/output=image/crop=750x750@0x35/cover=128x128&v=2)
Hard Money Lenders hard to come by... Creative funding options???
As a beginner without the financial support of "family or friends" (F&F), I've noticed many investors and gurus make the suggestion of using family and friends while watching a webinar, youtube video or listening to a podcast. Unfortunately, everyone does not have the financial support of "friends or family" they can borrow thousands of dollars from for a down payment, some people are literally on their own...
Can anyone suggest some creative alternatives for beginner investors who want to dive in but do not have the financial support of "family and friends" and HML's are hard to come by.
( @KasanKelley just thought I would tag you just in case any alternatives were provided )
Most Popular Reply
![Tom S.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/47458/1621409191-avatar-tdspropertiesvt.jpg?twic=v1/output=image/cover=128x128&v=2)
@Lateeka A. Owner financing can always be a good option to get your foot in the door. It was one of my first deals, buying a place for $80k and putting down 10%, so about $9500 total with closing costs. I then renovated the place using a combination of credit cards or asking for delayed payments from the contractors. I finished the job in 3 months and refinanced it, pulling out about $40k.
I then had money for the next deal....
It can be done - good luck!
- Tom