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Updated over 9 years ago on . Most recent reply

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Ronald Schodowski
  • Wholesaler
  • Niles, MI
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financing

Ronald Schodowski
  • Wholesaler
  • Niles, MI
Posted

I need help or advice on how to finance deals for apartment complexes with no money out of pocket and how to offer terms that will benefit me and the financer I'm willing to offer as much as possible to get deals done for buy and hold long term residual income or possible joint ventures/partnerships ? any help on this would be great I am motivated and smart and want to make this happen and willing to do almost anything to get my foot in the door

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Ned Carey
  • Investor
  • Baltimore, MD
12,789
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

My advice is have a more realistic goal. You are more likely to move forward and be successful in the long run by a string of achievable goals that one big hit of a pie in the sky goal. 

No you are not. You are not willing to put in any of your own money.  You don't have any skill or experience yet to offer because you are new. What do you even have to offer?

I don't say these things to be mean. I say them to help you get a realistic attitude.  Is it possible to do what you want,? Yes. It is also possible to buy one lottery ticket in your entire life and have that one ticket be a $100 million power-ball winner. I am not betting my financial future on it.

  • Ned Carey
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