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Updated over 2 years ago, 07/20/2022
Yeah but how much capital do you need?
Hello,
I am new to REI. I am interested in the buy and hold strategy. I bought a home in 2020. I do not have the capital to buy another property myself. When raising capital, do you need enough $ for the entire price of the home + fees + rehab up front? Or do you just need capital for a 20% down payment and use your LLC to get a loan from the bank for the rest? Any input appreciated!
Ryan