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Updated about 10 years ago,
Acquiring a property with OPM
Hello
My partner and I are acquiring our first multifamily property in Rhode Island area in 2015, and I have some questions about funding. Please bare with me if I am asking stupid newbie questions.
If our goal is to fund our first investment with OPM or no money down if there is a such thing!,
Questions:
1. How do we find investors, and how do we prepare ourselves with the skills and tools needed to secure funding?
2. What do investors look for when partnering?.
3. What is hard money lender?, and is it safe for newbies?.
4. How do we prepare ourselves enough and not get burned, since some people prey on newbie?.
5. How do we protect ourselves and the investors money?
6. is there any links or book or club we can join or read to better understand financing or funding resources?.