152: Rookie Reply: How to Fund Real Estate Deals (and Scale Bigger!)

Ashley and Tony’s DMs are open for real estate Q&A business! Just like last week, this week’s question comes from Tony’s Instagram DMs. The question? How are you scaling your real estate portfolio so quickly? How do you finance your deals?

For most rookie investors, real estate financing seems like a big hurdle to get over. With deals flying off the MLS so quickly nowadays, having your funding locked and loaded is as important as ever. Thankfully, even if you don’t qualify for bank financing (or you’ve maxed out your personal loan limit), you can still find some phenomenal financing options.

Here are some suggestions:

You don’t need the money, use a partner as a source of funding

Using a cash-out refinance or HELOC from a current property to fund your deals

Walk into your bank and ask what they can do for you (you may be surprised by your options)

Ask the seller about owner financing to close on deals without the hassle of a bank

And more in the episode…

If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).

Links from the Show

Real Estate Rookie Rookie Facebook Group

Real Estate Rookie Youtube Channel

Real Estate Robinsons Youtube Channel

A General Contractor (Almost) Ruined Our Rehab

Yelp

James Dainard's Instagram

Sara's Instagram

Swaterzzz's Instagram

Rookie Podcast 102: $10M Profit On Her First Deal?! It’s Possible with Campground Investing

BiggerPockets Podcast

Ryan Pineda's Instagram

Check the full show notes here: https://www.biggerpockets.com/rookie152

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