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From the Forums: One Thing That Most Beginner Investors Should NOT Do
Should you borrow money for your first real estate deal? We’re not talking about taking an interest-free loan from your mom; we mean using “private money” to finance your investment. This type of investment property financing is usually reserved for the more experienced investors, but is it a bad idea for someone with such little experience? Is there another way to finance your first deal that gives you more wiggle room if you make a mistake?
This is just one of the BiggerPockets Forum questions we’re answering today from investors like you. One investor on her second rental wants to know…
The skinny
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