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Updated about 7 years ago on . Most recent reply

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Rory Samuels
  • Flipper/Rehabber
  • Norfolk, VA
4
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28
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Rental Property Funding

Rory Samuels
  • Flipper/Rehabber
  • Norfolk, VA
Posted

if you obtain a mortgage on a property that needs repairs how do you pay the mortgage along with expenses till you get a tenant in the property? considering I plan to use others people money

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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
4,386
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3,926
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
Replied

@Rory Samuels you'd have to find someone to lend you more money.

If you truly have no money to invest, I would figure out how to solve that problem first, and then figure out how to start investing in real estate.

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