Funding your first deal

[Nick Stango]

What's the best way to fund your first deal without using your own money?

[Brian Johnson]

I have never liked the thought of leveraging to the moon.  When you are not putting your money on "investing" I feel that only scraps are left on the table.  Maybe I am wrong about the whole concept.  I never dug to deep on finding 100% financing.   When I looked at the return on what I was getting vs the work put in I could not pull the trigger.  Maybe I am to short sighted to see the big picture or I was thinking to small. (like $100,000 or $200,000 deals)

I wish you the best and if you find your way to 100% financing.  Please send me a email and tell me about it.  I would love to learn from you.  Just FYI my goal is to make no less than 25% cashflow of the rent.

With that said.  I would have pulled money out of my REFI and used it to buy a rental.  I just REFI 3 of my properties and pulled money out to buy more properties.  Also with the low 3.99% on a 20 yr.  Plus I am cash flowing better.