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Updated over 8 years ago,
Just Starting Out - How do I obtain Private Money?
Hi all,
I'd really like to start investing in rental properties. I'm reading through Brandons book about investing with little or no money down, but in the Private Money section all the advice is geared towards someone who is already established when pitching to potential private funding investors. He talks about creating an elevator pitch, using a binder, etc. I don't have any deals done yet, so how do I even begin to pitch or network myself as a "business" to gain private funding? I think where I'm at both professionally and financially, finding private funding makes the most sense, but I'm not sure where to even start.
I'm looking to find a property that we can live in for a year and then rent out, or a multiunit where I can live in one unit and rent the other(s). For my family, this would make the most sense right now to jump into it. Any suggestions would be greatly appreciated. Thanks!