A real estate investor raised $85,000 for a deal without his own money by posting on social media, distributing printed pitch packets called Flipster packets to potential investors, and asking his grandparents who had idle cash.
And now normally you would have to come out of pocket. You'd have to put that whatever amount that is, $50 grand or whatever into the deal. And now your money's, you got money tied up in the deal. Not everybody can do that if you don't have capital around. So how did you cover that difference? Where'd you get that?
So I put out a social media post. I printed out that packet you got in Flipster. And I said, who am I going to, who's got my money? Right. Who am I going to talk to? First time I've ever done this. You can say I got lucky. My dad was like, hey, you know, your grandparents just have $100K or whatever, just sitting in their bank account making no interest. And I was like, let me hit them up. So I went to them and I said, hey guys, I've already raised $85
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