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Updated about 6 years ago,
How do you secure funding for your investments?
I am thinking about using an FHA loan for my first deal when buying a multi family property and living in one unit.
I don’t want to end my REI journey there though.
I’m sure banks won’t just give me an infinite amount of money to invest, so how do you find other ways for funding?
I’ve read about private lenders, but books and articles just mention them and leave it at that. What are private lenders? Rich people that want to make money off interest? What other ways do you get your funding to make more and more investments?