How to Finance Your First Real Estate Deal
Making the leap and purchasing your first real estate investment makes people nervous, and understandably so. Perhaps the one component that holds the most potential investors back is financing the deal.
You may ask yourself:
"“How am I going to do this?”
“How will I raise the money for my deals?”
“Will the lessons I’ve learned actually work for me?”
Luckily, Chad Carson wrote an awesome article on BiggerPockets, highlighting seven different ways to fund your first deal, and the pros and cons of each method. In it, her covers FHA loans, VA loans, conforming loans, portfolio loans, hard money loans, private money, and seller financing. To read his complete in-depth analysis, check out the full article here.