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Updated almost 5 years ago on .

User Stats

23
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4
Votes
Purva Mehta
  • Realtor
  • Houston, TX
4
Votes |
23
Posts

Money, Money, Money....

Purva Mehta
  • Realtor
  • Houston, TX
Posted

I am a new investor looking to buy properties either for flip or run it as a rental property from foreclosures. To buy any property from a  foreclosure we need to have capital in hand and after doing all the due diligence, such as going looking at the property, performing a title search, I still have a small problem in hand and that is MONEY.  Obviously being new to the game, do not have much capital at my exposure. Can any of you smart investors suggest a way to raise capital before I walk into the foreclosure. I don't have a big family here in US, so don't have that leverage to my disposal. Banks, hard money lending will probably not lend me money until i have the property in hand. What are some suggestions and offerings? Would greatly appreciate the feedback.