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Updated about 7 years ago on . Most recent reply

User Stats

64
Posts
45
Votes
Branden Sewell
  • Contractor
  • Orlando, FL
45
Votes |
64
Posts

Saving 1K+ per month. How much do I need to get started?

Branden Sewell
  • Contractor
  • Orlando, FL
Posted
Currently I own a business and my wife works full time. Between my income and my wife’s we are able to save $1K+ per month right now. We want to get into real estate investing but we can’t figure out how to come up with enough capital unless we wait 2-3 years which we dont want to do. I would lone to do my first deal before the end of 2018. I have called a few people about private lending but nothing came of that. I also called a couple hard money lenders but it seems like they still require something as a down payment. I just need some advice. Can I really get started with where i am right now? Other things to consider. We have pretty decent credit scores. Only challenge is my business hasn’t been established for a full two years yet. Haven’t been able to include my income from what i understand...? Can someone please share their creative strategy for finding funding/capital? Can i really get started now? Thanks for any info or advice!

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