That being said, your typical cost of capital is as follows:EquityAgency debtBalance Sheet local lenderDebt FundPrivate DebtPref EquityHard Money DebtBookie/Loan SharkOther things that will impact capital sources: are you wanting to finance the improvements, or will you pay for those from equity/cash flow?  

For example, there are many local credit unions that offer loans with as little as 5% down on multiple investment properties with no PMI.

Happy to chat...being a local GC takes out a lot of the risk of the biggest variable for most investors (unpredictable rehab costs) and also allows you to consider more options than the average investor, with your rehab costs being significantly lower.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Send them a written notice of non-renewal, following your local laws about how much notice you need to give.

✅ Do research your local market before setting prices.What questions do you have about getting started?

I live in Portland  Maine , I am new to real estate investing and looking to connect with any local investor.. thank you.

Feel free to reach out if you have any questions about the local market here or want to connect! 

I am new to real estate investing and looking to connect with any local investor.

We recently relocated to Phoenix last summer and I'm starting to look for recommendations for local credit unions here in Phoenix which are trustworthy, low rates, personal touch, easy/simple to work with, etc.