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Chris Shipman
  • Lochbuie, CO
5
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28
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Wanting to Start

Chris Shipman
  • Lochbuie, CO
Posted Oct 10 2014, 10:03

I am currently a senior civil engineering student and once I graduate I would like to start REI, I would like to start out with SF homes and possibly getting into multi-family. I would like to start getting my "team" set up now so I can hit the ground running once I graduate. I have began going out and searching the internet for home prices and rental prices in my area (Denver area). My biggest constraint is capital which I am sure is a lot and this is my reasoning for waiting to start once I graduate. I figure a lender would be more willing to loan to someone with a full time job as opposed to a college kid. When it comes to buy and hold homes is it typically harder to find investors (non financial institutions) to work with you since they are not getting the quick and direct payout like with fix and flip? What are some of the ways to raise capital outside of taking out loans with a bank when trying to get into buy and hold properties?

Chris 

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