Hello from newbie in Cleveland, OH

[Laura Chonko]

Hi everyone!

I've been contemplating real estate for several years. I've been reading Robert Kiyosaki for years, and his philosophy makes (common) sense to me! Time to move from thinking to action! Only problem is I found a potential deal, but I'm short on capital...I have lots of research to do asap if I'm going to act on this deal! I look forward to connecting and learning from each other in this forum. Thanks in advance! :)

Laura

[Michael Wentzel]

@Laura Chonko Welcome to BP! Have you met with a few lenders to get a really good understanding of where you stand with financing. I would meet with a couple of the big national banks and a couple of local banks. The two perspectives are quite different, but you can learn from both.

If the deal is a "big" one and the issue is that your "capital" is too small, you might look for a smaller deal. Sometimes small deals are a good way to get started, make some mistakes, learn and make money.

Mike