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Updated over 8 years ago on . Most recent reply

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9
Posts
2
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Bernard Smith
  • Buffalo, MN
2
Votes |
9
Posts

No money down myth?

Bernard Smith
  • Buffalo, MN
Posted

How do I go about getting started without Capital? Or where can I go to get this capital?

Most Popular Reply

User Stats

767
Posts
389
Votes
Brian Mathews
  • Contractor
  • Round Rock, TX
389
Votes |
767
Posts
Brian Mathews
  • Contractor
  • Round Rock, TX
Replied

Realistically without some skin in the game.  You're not getting very far.   That might be a skill to offer somebody.    Nobody will lend you money if you have no experience without you coming up with some money.    Even if you have a lot of experience, you won't get many people to lend you money without you having it.   Think about it from a lenders perspective.  If a random person comes to you to borrow money and you didn't know them from Jack.    Would you lend them your money?   What would it take for you to trust them?   That is what you need to do.   You can try wholesaling, but without some level of experience in real estate and a little more than a fundamental understanding, you'll likely get taken advantage of.   Get some education in real estate first.   

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