I thought about it over the last couple of days and realized that there are really only 3 ways to get money for real estate deals, especially when you're first starting out as a real estate investor.
Here they are:
1) Find an investor-partner who can fund your deal including the down payment as well as any rehab (if necessary or required).
2) Flip property for cash using "wet funds" to get the 100% cash needed to initially pay for (before reselling) the property.
3) Being a highly-paid bird-dog to earn a "referral fee" between 1% and 5% of the final purchase price of the deal after closing.
What's really awesome is that in my latest Bird-Dog Bonanza System for 2016, I cover ALL 3 of these methods in getting money which you can use as income or use to fund your own passive income real estate deals.
For those of you who started with my bird-dog teachings years ago, I can tell you that A LOT has changed in recent years. Since inventory is hard to find and you have to scour a little deeper to find deals, you have to understand what has changed and how to make a fortune in TODAY'S day and age with bird-dogging, otherwise you won't make a dime.
I have some students who are super successful bird dogs. In fact, they wouldn't do anything else including investing in real estate themselves (which is a mistake). Instead they just profit from deal after deal and have a solid income ranging from $250,000 to $500,000 and sometimes more per year in pure profits. (One of my students made roughly $800,000 in 2015 as a bird-dog! That's more than what many of my students are making as passive income real estate investors!!
Yes, if you want to enter the world of real estate investing but you need to start slow, you need to gain access to the funds for your own deals, you want the experience and confidence of investor without being one yet, and you want to learn the ropes of the business without any risk then bird-dogging is where you need to start.
CLICK HERE to get started with this RIGHT NOW!
See you at the top!
Your mentor,
Monica Main
