About this episode
100% financing for ALL of your real estate deals ? Without thousands of dollars saved up, many people assume there’s no way for them to invest in real estate . But that’s far from true. Today, you can fund your entire real estate deal —including purchase price , down payment , closing costs , and rehab costs —using other people’s money ! Welcome back to another Rookie Reply ! If you don’t have the funds to invest in real estate, hear Ashley and Tony share their best strategies for getting deals done with creative financing . They also discuss rehab costs and provide a three-step plan for estimating them . Hiring a property manager is a daunting task for any rookie, but our hosts share the biggest red flags to watch out for when vetting a property management company . Finally, they discuss the touchy subject of rental repairs —who’s responsible and how to keep the peace with tenants! If you want Ashley and Tony to answer a real estate question, you can submit a question here , post in the Real Estate Rookie Facebook Group , or call us at the Rookie Request Line (1-888-5-ROOKIE). In This Episode We Cover How to get financing for 100% of your deals (purchase price AND rehab costs!) Four EASY ways to find private money lenders for your real estate deals The three-step plan you NEED to accurately estimate rehab costs Red flags to look out for when hiring a property management company How to determine who is responsible for repairs (without upsetting your tenants!) And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! Private Capital Explained: The 4-Second Pitch to Unlock Unlimited Funds (Part 1) Private Money Explained: 5 Simple Ways to Find Private Money Today (Part 2) Private Money Explained Part 3: The “Credibility Pieces” Lenders Love to See Private Money Explained Part 4: Rates, Returns, and Protecting Investors A Step-by-Step Guide to Estimating Rehab Costs w/ Master Flipper & Investor James Dainard (Part 1) Finding Contractors, Renovation Red Flags, and Estimating Rehab Costs (Part 2) w/ James Dainard Follow Amy Mahjoory on Instagram to Learn More About Raising Private Capital Book Mentioned in this Episode: Raising Private Capital by Matt Faircloth The Book on Estimating Rehab Costs by J Scott Check the full show notes here: https://www.biggerpockets.com/blog/rookie-302 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices