Updated about 18 years ago on . Most recent reply
Getting yourself to start looking at the BIG deals
As I've learned over time, it seems like the real money can be found in the big deals. Personally, I can't afford even the down payment on any of these, but I'm starting to know a deal when I see one. What does it take to get yourself to start in the big time? By that, I mean, I'll see properties that are great deals, but cost $1 million or so - anyone who looks at the deal should be able to see that it is worthwhile.
I know that logically, the banks should give a loan out for these properties because they too will see the value and income. Is it just a matter of getting the confidence to approach lenders with the deal? Is that all it takes to get into larger deals?
How do I step things up?