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Updated almost 7 years ago on . Most recent reply
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REI Financing for a very young investor
What's going on BP community?!
I have come to the forums seeking advice. I am a very young (20 years old) RE investor and am looking for ways I can fund my future deals. Currently I am partnering with my parents (experienced RE investors) on my first two deals. However, that "family funding" is not going to last forever and I am eager to find a way I can continue to fund my deals without the help of my parents. Do you believe that a young, baby faced RE investor will be able to secure funding from a bank, or should I focus on more creative ways of financing RE deals? How will a bank look at me and decide to fund my deal(s)? What factors come into play?
As always, any help is appreciated!
Your time is respected,
-Logan Jorns