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152: Rookie Reply: How to Fund Real Estate Deals (and Scale Bigger!)

152: Rookie Reply: How to Fund Real Estate Deals (and Scale Bigger!)

FromReal Estate Rookie


152: Rookie Reply: How to Fund Real Estate Deals (and Scale Bigger!)

FromReal Estate Rookie

ratings:
Length:
19 minutes
Released:
Jan 29, 2022
Format:
Podcast episode

Description

Ashley and Tony’s DMs are open for real estate Q&A business! Just like last week, this week’s question comes from Tony’s Instagram DMs. The question? How are you scaling your real estate portfolio so quickly? How do you finance your deals?For most rookie investors, real estate financing seems like a big hurdle to get over. With deals flying off the MLS so quickly nowadays, having your funding locked and loaded is as important as ever. Thankfully, even if you don’t qualify for bank financing (or you’ve maxed out your personal loan limit), you can still find some phenomenal financing options.Here are some suggestions:You don’t need the money, use a partner as a source of fundingUsing a cash-out refinance or HELOC from a current property to fund your dealsWalk into your bank and ask what they can do for you (you may be surprised by your options)Ask the seller about owner financing to close on deals without the hassle of a bankAnd more in the episode…If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).Links from the ShowReal Estate Rookie Rookie Facebook GroupReal Estate Rookie Youtube ChannelReal Estate Robinsons Youtube ChannelA General Contractor (Almost) Ruined Our RehabYelpJames Dainard's InstagramSara's InstagramSwaterzzz's InstagramRookie Podcast 102: $10M Profit On Her First Deal?! It’s Possible with Campground InvestingBiggerPockets PodcastRyan Pineda's InstagramCheck the full show notes here: https://www.biggerpockets.com/rookie152See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jan 29, 2022
Format:
Podcast episode

Titles in the series (100)

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.