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304: Rookie Reply: Don't Have 20% Down? Here's How to Fund Your Next Investment
Real Estate Rookie
How to Find Opportunities to Fund Your Flips
A lot of rookie investors don't personally know anyone in their network that has 10, 20, 30, $100,000 to help fund these deals. So just building your network and focusing on trying to find ways to provide values is a great way for you to get that 20% funded. Peter Biava: What kind of DD package do you prepare before approaching them? Does it include a financial model projecting cash flows through the refinancing period? Do you pull comps to show ARV? Or do you reach out well in advance even before you found the perfect house for your investment?
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