Generating Capital To Start Your Foreclosure Investment Career (Methodology)

Hello, hello, hello, and welcome back! We understand getting started in the world of foreclosure investing can appear daunting at the outset. We emphasize the importance of having tools to locate deals, and working with professionals who can help facilitate your deals, but we find most people's main hang-up when it comes to getting started is money. We've addressed how to finance your deals in previous episodes, but we know purchasing the foreclosure is just the first step in turning a distressed property into a beautiful home. Potential investors are quickly faced with the importance of having capital available to finance renovations and build equity as they're getting started.

This reality usually leads to a couple of questions: "How much money should I have set aside to invest in my first foreclosure deal," and "How am I going to get that much money?" Fear not my foreclosure deals compatriots, Donny is ready to share the insight he uses to generate capital to turn his foreclosure deals into wonderful homes.

Here's a link to the article Donny mentioned in today's episode:
U.S. Foreclosure Activity Below Pre-Recession Levels in 61 Percent of U.S. Markets