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Updated about 7 years ago on . Most recent reply

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3
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Dave Mitch
  • Baltimore, MD
0
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3
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How do you come up with financial backing for a real estate idea

Dave Mitch
  • Baltimore, MD
Posted

Hello.

I have very little capital liquid capital (3K) available, and have just purchased a home with a low down payment.

I see a slam dunk investment opportunity in some houses.  They are only worth about 130K-150K which is not a large home investment. 

Is there any chance to receive a financial backing to move ahead with this project? 

Like would a local bank meet with me and hear my sales pitch and consider backing/loaning to me? 

I know that i am bringing too little to the table for a real estate investor to partner with me.

Thank you for your feedback

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