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Updated over 3 years ago on . Most recent reply

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Chris Giuseppini
  • Bergen County, NJ
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I have the unicorn off-market deal... Now what?

Chris Giuseppini
  • Bergen County, NJ
Posted

Where do you find the money?

There's so many topics on "how to find the deal!" But.. what if you have it lol?

I've spoken with hard money lenders... That's definitely not the direction I'm leaning towards. 

I want a 50/50 investor where I bring them the deal and take on the brunt of the managing work during rehab, yet can get experience and tap into their network. 

There seems to be a lack of resources online other than "Find the deal, the money will come!"

I'd really love at least a 5 minute video from BP or some reddit thread. Figured this could be a start to that. 

Thanks:) 

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28,112
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,130
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28,112
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Actually, Brandon Turner wrote "Investing In Real Estate With No (And Low) Money Down" that addresses the options. I recommend you purchase and read it quickly. Some examples:

1. Owner financing with little or no money down. You'll be surprised what some Sellers will accept in exchange for reduced taxes and a steady income;

2. Partner with friends or family. I personally don't recommend this until you are more experienced because one bad deal can ruin the partnership and your relationship with that individual (and maybe more);

3. Find people you know that have money to invest and partner with them. You'll be surprised how many people you know have money saved up and are interested in real estate but don't know how to get started.

As many experienced investors will tell you, when you find the deal you can always find the money.

  • Nathan Gesner
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The DIY Landlord Book
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