All Forum Posts by: Ray Garcia

@Ray Garcia congrats on making so much happen so fast! Did you get these properties in state or out of state?

This is one of the pitfalls of holding before you have the short-term income coming in from flipping a house or two every quarter.

You run out of capital.  But if you have a network set up for flipping then money is always coming in.

Hey @Ray Garcia,

Well done!

I'll repost a comment that I just posted on another thread.

I would strongly recommend you to listen to a series of 4 episodes of the BP podcast dedicated to how to raise private money (episodes 636, 637, 654, and 655). You will learn how to raise money step by step including templates and scripts.

Private money is much cheaper and more straightforward than hard money and creates long-term relationships. You can use it to acquire the property and then cash-out refi.

Good luck!

Hey Ray!

Welcome to the community. My husband and I have been investing for 2 years now and it's been such a fun experience. 

If you ever have any questions feel free to reach out!

-Lexey 

 there are other ways such as owner financing and sub2 deals we see people do a lot. You can also look at syndicating deals but you ay need more doors under your belt and more experience before being able to raise some serious money.

There's a book in the BP bookstore about how to finance properties. It's a good reference.

Have you considered partnering with someone? Have you looked for owner-financed properties? Subject To? Can you create a side hustle to increase earnings?

Where there's a will, there's a way.