Should you borrow money from your family? It could hurt your relationship if the deal goes wrong, but strengthen an existing partnership if everything goes right. Maybe a better question—how should you start raising private capital for your real estate deals? When it comes to the debt vs. equity debate, which makes more sense in your situation? Don’t worry, we’re bringing answers to all these questions and more!
Welcome back to another episode of Seeing Greene, where your host David Greene answers questions from both aspiring and established real estate investors. We’re also joined by Alex Breshears and Beth Johnson, two expert private money lenders and authors of the newest BiggerPockets book, Lend to Live. They help tag-team some private money-specific questions as well as give context on who you should and shouldn’t accept funding from.
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
David:
This is the BiggerPockets Podcast Show 645. The way I’ve always approached life or any goal that I have, is that there’s going to be something about me that has to change, to be successful in whatever I want. So if, for instance, I want a better body, I’m going to have to change my eating habits and my workout habits. I’m going to have to go to the gym and develop different muscles or stronger muscles to get what I’m looking for. If you’re looking to save money in taxes, you can use some strategies that work with your current W-2 situation that is much harder. It would be much easier for you if, you found ways to make income that were not beholden to the W-2 world.
What’s going on everyone? This is David Greene, your host of the BiggerPockets Real Estate Podcast. Here, today with a…