Money talks—in this industry, it’s that simple. If you’ve got cash, then you’ve got the power to make deals happen on your terms and your timeline.
But that doesn’t mean you have to have a pile of cash stuffed under your mattress (side note: don’t have a pile of cash stuffed under your mattress...ever…). Some investors don’t have tons of money kicking around, especially when they’re just starting out.
While there are many ways to do real estate deals with little to no cash, if you intend on buying houses to fix-n-flip or buy and hold for cashflow, then you'll need funding.
Wouldn't you LOVE to have the confidence of knowing that if a hot deal just came across your desk today, you can secure that deal quickly and close on it because you have access to funding. And even those that do have cash still use OPM (other people's money) to do more deals or bigger deals.
Here are four ways to find and secure funding for your deals.