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Updated 5 days ago on . Most recent reply

User Stats

5
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13
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Jack Spicer
  • New to Real Estate
  • Bay Area, CA
13
Votes |
5
Posts

Starting with small savings—creative funding tips?

Jack Spicer
  • New to Real Estate
  • Bay Area, CA
Posted

Hey everyone,

I’m in college with a steady internship income, solid credit, but limited cash. I’d love to hear how others financed their first rental when funds were tight. What strategies or programs worked best for you, and what would you do differently?

Thanks for sharing your experience!
—Jack

Most Popular Reply

User Stats

559
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371
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Greg Kasmer
  • Rental Property Investor
  • Philadelphia
371
Votes |
559
Posts
Greg Kasmer
  • Rental Property Investor
  • Philadelphia
Replied

Jack - I've heard people say there's several parts to a deal, one is money/capital, but undoubtedly there is also finding/acquisition the deal as well as the execution/operations of the deal. If you're short on one, you can look to partner with others for the other components. In your case, I would focus on finding/locating deals and provide the "hustle", whereas you lean on others for the cash and ability to secure the loan. Good Luck!

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