Funding RE Deals

[Chris Nare]

I am a rookie, and we have done our first deal and will rent it soon. One of the challenges we are already seeing is having enough money to fund the following few deals. As a result, I have heard people talk about using Other People's Money, BRRRR, and doing partnerships where the partner brings the money, and we do most of the work. How do I do any of these? Do I find the deal first and get it under contract, then find the money or partner?

We have the real estate bug and want to grow, and I believe this is an excellent time to get in the market. I need some guidance on the way to do this. I appreciate your help and advice.

[Account Closed]

Quote from @Chris Nare:

I am a rookie, and we have done our first deal and will rent it soon. One of the challenges we are already seeing is having enough money to fund the following few deals. As a result, I have heard people talk about using Other People's Money, BRRRR, and doing partnerships where the partner brings the money, and we do most of the work. How do I do any of these? Do I find the deal first and get it under contract, then find the money or partner?

We have the real estate bug and want to grow, and I believe this is an excellent time to get in the market. I need some guidance on the way to do this. I appreciate your help and advice.

Ypou may want to look at https://www.biggerpockets.com/forums/311/topics/1153120-how-...
there are 4 parts, with links at the bottom of each post, to see how to grow your investing and not having to use a bank. You rightly point out that there are a couple of ways of doing that.

[Chris Nare]

@Account Closed Thank you, Mike, for your reply and information. I appreciate it.