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Updated about 3 years ago on . Most recent reply

User Stats

327
Posts
152
Votes
Jordan Santiago
  • Investor
  • Queens, NY
152
Votes |
327
Posts

RAISING CAPITAL CONSISTENTLY

Jordan Santiago
  • Investor
  • Queens, NY
Posted

Hey BP,

So I am a 24 year old investor. I currently have 37 units under my belt with my partner with another 10 set to close, but using almost all of our own money has been taxing on our bank accounts obviously. I am super grateful and happy that I have been able to have this amount of success at this young age, but I need to figure something out that is more efficient because ...

I also run a multiple 6 figure wholesaling business so we are getting good to great deals ALL OF THE TIME. I wholesale the good ones, but the great multi families I try to keep, and would like to keep doing so.

ALL of these properties so far have been 2-10 unit properties, so a problem I am having is that some of the more serious investors think those type of deals are too small, which I understand. So I am looking to move into the 40-120 unit market.

What are some good ways that you are raising capital, and are always having capital ready when you find a good deal? I want to be at a point where once I find a great deal, I already know i have the capital to do so.


So any tips or advice that could help a younger dude like myself in this area? Thank you!

Most Popular Reply

User Stats

2,252
Posts
2,469
Votes
Eric James
  • Investor
  • Malakoff, TX
2,469
Votes |
2,252
Posts
Eric James
  • Investor
  • Malakoff, TX
Replied
Originally posted by @Richard Perrin:

@Eric James there's no leverage and can't 10x it that way

It's not 10x'ing. It's being one of a number of partners.....but bragging that one owns all the units. It isn't real.

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