Hey BP Community,We all know real estate investing requires money, but not everyone starts with deep pockets.

Quote from @Jason Baker: Quote from @Jay Hinrichs: when you say no fee,  no split.. how do you expect the brokerage to make any money ???  

I am on my first BRRRR and the issue is lenders keep only wanting to lend on 80% of the purchase price and not the actual appraised value, which would keep my money tied up on the rehab portion as well as 20% of the purchase price.

How much money is paid to GP’s for work done?

However, our current hard money lender only funds one loan at a time, limiting our ability to take on multiple deals simultaneously. 

Traditional lenders won’t approve it, and hard money lenders who offer this type of financing all the time look for experience, assets, or strong equity in the deal.Partnering with someone who has financing or experience is realistic approach when starting.

If they are paying little to no money at closing, what skin in the game do they have?

I do fix and flips and take the money to invest as a General Partner on a syndication team.

The other way I fund deals with none of my own money is using a private lender that I have years of experience and relationship with and/or using HELOC and other business lines of credit.

Give them enough money every month to cover the negative cashflow due to their nursing home bill.