Understanding the way of lending money

[Jackson Rottenberg]

I still can't wrap my head around the idea of hard money and private money when it comes to paying it back. My understanding is that I will get a loan from either source and pay the interest every month and when I refinance the home I will pay the lender back the initial investment. How does one truly do this with no money ?  How would I even pay the month to month costs when i don't have enough money coming in to start off with?

[Jay Hinrichs]

you dont..  real estate requires money from some where to transact.. its very misleading all those that talk about using none of your own money to do deals.

can it happen sure for very experienced folks it can happen.. but starting out pretty tough..