335: Ken McElroy – How To Get Money For Your Property

To get money for real estate, you don’t always have to save up every dollar yourself.

You can use: 

Equity from another property – my favorite

Seller-paid closing costs

Seller financing

House hacking

Rent income from duplexes and fourplexes

Lease-Purchase Agreement

Mortgage assumptions

Seller-held second mortgages 

Syndication

Partnerships

Ken McElroy joins me to discuss how to attract investors to your real estate deal and more.

He outlines borrowing from your 401(k) and using your retirement plan for real estate.

Teach others about what you know. Just give with nothing in return expected. People will trust you later when you have a real estate deal.