 start up capitol (by Martel Green [CT]) Nov 8, 2009 10:43 AM
 start up capitol (by Dejay [TX]) Nov 8, 2009 11:03 AM
start up capitol (by MrRational [MD]) Nov 8, 2009 11:20 AM
start up capitol (by TIM [IN]) Nov 8, 2009 11:33 AM
start up capitol (by 574-Brad [IN]) Nov 8, 2009 12:37 PM
start up capitol (by RR [WA]) Nov 8, 2009 1:08 PM
start up capitol (by Robert J [CA]) Nov 8, 2009 1:30 PM
start up capitol (by Jason PA [PA]) Nov 8, 2009 2:57 PM
start up capitol (by Reid [KS]) Nov 8, 2009 3:31 PM
start up capitol (by rn [NH]) Nov 8, 2009 5:38 PM
start up capitol (by Zee [FL]) Nov 8, 2009 11:08 PM
start up capitol (by Chris [CA]) Nov 9, 2009 2:09 AM
start up capitol (by Martel Green [CT]) Posted on: Nov 8, 2009 10:43 AM
Message:
State Specific Question About: CONNECTICUT (CT)
hello im looking to get back into realestate investing but having a hard time finding startup funds with todays economy do u have any info to help --99.2.xx.xxx |
start up capitol (by Dejay [TX]) Posted on: Nov 8, 2009 11:03 AM
Message:
You will not get noo mortgage without 20% or more down. Save up cash and start small. --166.205.x.xx |
start up capitol (by MrRational [MD]) Posted on: Nov 8, 2009 11:20 AM
Message:
start up capital? you must be kidding.
With few exceptions most LL's start out as "accidentals" by renting out a home they already have (one way or another*) and can't or don't want to sell. The others inherit what their parents started.
* one of those ways is a flip that went bad for some reason. Flipping (even with the bad rep) is still the best way to accumulate the capital needed.
Flipping is also the best way to demonstrate to lenders (and other industry observers with cash) that you have a clue about home construction methods and repair techniques AND the marketing needed.
If you don't start with solid ability in at least two of those three things... find a mutual fund instead.
--65.127.xxx.xxx |
start up capitol (by TIM [IN]) Posted on: Nov 8, 2009 11:33 AM
Message:
parents, rich friends, business minded people, relatives, etc.
Otherwise, start small. And then re-think why you want to be a LL. One question for you:
"can you kick grandma out on the street on X-mas day?" If you answer yes, then you might have a future. --67.236.xxx.xxx |
start up capitol (by 574-Brad [IN]) Posted on: Nov 8, 2009 12:37 PM
Message:
Good luck with that. For me, the most difficult part of growing my real estate portfolio (investments) is trying to obtain money/financing.
Have you considered a Home Equity Loan, assuming you have equity in your home. Make sure you know what you're getting into, as your putting your house on the line
Otherwise, If you find someplace handing out "startup money" let me know where! --66.228.xxx.xxx |
start up capitol (by RR [WA]) Posted on: Nov 8, 2009 1:08 PM
Message:
local rich people looking for a good return on their money --97.126.xx.xx |
start up capitol (by Robert J [CA]) Posted on: Nov 8, 2009 1:30 PM
Message:
There are books written on how to buy real estate with little or no money down. But then you need funds to hold, fix up then flip. Good luck. --98.119.xxx.xx |
start up capitol (by Jason PA [PA]) Posted on: Nov 8, 2009 2:57 PM
Message:
You can do hard money, however as with all other RE investing, Research ALL your costs in the transactions --98.111.xxx.xxx |
start up capitol (by Reid [KS]) Posted on: Nov 8, 2009 3:31 PM
Message:
go to services on this site then money to Lend, see what's offered --70.252.xxx.xxx |
start up capitol (by rn [NH]) Posted on: Nov 8, 2009 5:38 PM
Message:
take this for what it's worth...pretend your thoughts of being a LL was just a bad dream...i mean nightmare. no need to thank me, just wake up and forget about it. --98.216.xxx.xxx |
start up capitol (by Zee [FL]) Posted on: Nov 8, 2009 11:08 PM
Message:
You're getting back to it, were you a LL before? Lending guidelines are extremely strict these days, no doubt, some of us are just riding the tide for now hoping for a brighter future. Unfortunately, we cannot use hope as our strategy these days. Try to save up some cash for a decent downpayment and keep your credit squeaky clean and you will be ok. We're all struggling with the start up capital these days, good luck! --71.203.xxx.xxx |
start up capitol (by Chris [CA]) Posted on: Nov 9, 2009 2:09 AM
Message:
Mmh, let's see. Are you a risk taker? Buy a certain stock and sell the call option for a > 20% yield until April 2010. Repeat, if necessary. Seriously, it's a bit like getting married. You may wish you hadn't done it (becoming a landlord, that is).
You might meet horrible people who cause you sleepless nights. I thought now is a good time to re-enter the market. But no one is interested in renting ... --118.172.xxx.xxx |
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