Do you want to get started with apartment buildings, but you think you can’t because you don’t have enough money?
Hang on to your hat, because the truth is, you don’t need to be rich to buy an apartment building.
You don’t have to save hundreds of thousands of dollars to get started.
Can you buy an apartment building without using your own money?
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Yes, you can buy an apartment building without using your own money.
You’re going to buy the building using other people’s money.
How are you going to convince other people to give you their money?
It’s actually not as difficult as you may think, because people with money are looking for the best investment, the less risky places to put their money, and that’s what you are going to provide.
We believe multifamily real estate syndications are the best investment on the planet.
You need to think of yourself as an educator. There is money out there for your deals, and you are going to share what you know about multifamily syndication in a way that gets other people excited about putting their money into your syndication.
Where are you going to find these people?
Well, your friends and family are a great place to start.
You may think asking your friends and family to invest sounds awkward, but there is capital all around you. Start where you are right now and reach out to the connections you already have – friends, family members, co-workers – and tell them why you’re excited about your deal.
Remember, you’re providing a service.
People with money want consistent, predictable returns. They’re wondering if there’s an alternative to investing in the volatile stock market.
You’re providing the alternative – an option is relatively safe compared to other investment opportunities.
There’s no reason to feel anxious about raising money for multifamily, because you are offering a solution to a problem people have.
You may think you have to find a lot of investors for a deal, but this really isn’t true. If you get five people excited enough to invest $50,000, that’s a quarter-million dollars raised.
When you have investors believing in you, it boosts your confidence levels and changes the way you approach brokers.
The beauty of multifamily is, it sells itself, and based on that reason alone, it’s simply not that hard to raise the money you need to buy an apartment building without using any of your own money.
