General Real Estate Investing
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 5 years ago on . Most recent reply
![Joshua McLean's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1201494/1621510155-avatar-joshuam254.jpg?twic=v1/output=image/cover=128x128&v=2)
Best way to fund a first deal
Im currently educating myself on BRRRR-ing and managing rentals. I have not started yet, but I am trying very hard to figure out the best solution to fund my first deal. Because I want to BRRRR it, traditional lending is not something I want to do. Im a college kid with not a ton of capital and Im looking in Cleveland (if that matters to anyone). I think as of now my best solution is private money, but thats my question. What better solutions are out there that you guys could suggest to me? Or whats the best way to go about the private money strategy?
Most Popular Reply
![Daniel Kong's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1147263/1621509589-avatar-danielk197.jpg?twic=v1/output=image/cover=128x128&v=2)
Even with a BRRRR, at the very end, usually you would use traditional lending to refinance your money out. When it comes to private money, it would be really hard to trust you if you have no experience or track record...