How to Finance Real Estate Deals without Capital? #wholesaling #paynelessflipping

Name: How to Finance Real Estate Deals without Capital? #wholesaling #paynelessflipping
Uploaded: 2024-03-01T15:00:53+00:00
Duration: 11 s
Channel: Nathan Payne
Description: In this segment, the host asks Nathan Payne how he financed a real estate deal without using his own cash. Nathan explains that a hard‑money lender…

1 Mar 2024 · 0 min

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In this segment, the host asks Nathan Payne how he financed a real estate deal without using his own cash. Nathan explains that a hard‑money lender provided 85‑90% of the purchase price, leaving a 10‑15% equity shortfall that would normally require the investor’s own money. The conversation highlights the challenge of covering this gap when the investor lacks capital and sets up the need for alternative funding methods.

Because now you're not bringing money to the table, which is pretty neat. So guys, if you're listening right now, try to pay close attention to this. Nathan, what he did is he did a hard money loan at 90%, right, Nathan?
It was 85 to 90 that the hard money lender brought.
Okay. So hard money funded the majority of it, but you were short that 10, 15% or whatever it is. 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?