Buy Real Estate Without Using Your Own Money with Gavin Timms Episode 1122
It\u2019s a misconception to think you can\u2019t get into real estate without investing your own money. Many people start off investing with money from others, specifically from private money or hard lenders, by double closing, or with transactional funding. Being able to invest with outside money requires a solid network. People don\u2019t lend money to those they don\u2019t trust, so work hard on building up your connections and rapport with those who can help you.
After you\u2019ve established a strong network, money becomes available everywhere. When you\u2019re in a trustworthy business relationship with a lender, over time, they will lend to you without needing to know every detail of your investment plan. They\u2019ll see your consistent wins, which is often also a win for them. You never know when you\u2019re going to meet a lender who could change your life, so always be ready to talk. Leads always come from the most unexpected places. Taking the time to build out your network provides you with more power to discover and lock in top deals.
What\u2019s Inside:
\u2014Three ways to get money on your side.
\u2014How to invest in real estate without using your own money.
\u2014Why networking puts you in a position of power.