Getting creative with finding funds

[Mike Schelske]

Hi everyone,

I was hoping to learn more about creative financing. I hear about this concept all of the time in business and real estate and business. What if I am just starting out, no money for even a down payment, but I am willing to do the work. How do I get creative to actually get enough capital in order to purchase property? I've tried starting a shopify store, facebook market place, saving money, so on. 

[Dominic Mazzarella]

Quote from @Mike Schelske:

Hi everyone,

I was hoping to learn more about creative financing. I hear about this concept all of the time in business and real estate and business. What if I am just starting out, no money for even a down payment, but I am willing to do the work. How do I get creative to actually get enough capital in order to purchase property? I've tried starting a shopify store, facebook market place, saving money, so on. 

Creative financing is how a lot of people break into real estate without much money. If you’re willing to do the work, there are definitely ways to get started. For example, wholesaling is a great way to build up some capital without needing cash upfront.

You can also look for tired landlords who might be open to seller financing or a master lease option. Another route is to find a partner who has money but doesn’t want to do the legwork if you can bring the deal, they might be willing to fund it. At the end of the day, it’s about showing that you can solve problems and bring value. Once you do that, finding the money gets a lot easier.