Find money or fear?
Funny, we just asked our list what the two biggest things that are holding them back from real estate investing and or flipping houses. The #1 thing by far was getting financing and finding money. The #2 thing was fear: fear of the unknown, fear of failure, fear of making a mistake, fear of losing your shirt…the list went on. We did not see fear of success, but I think most people have that they probably just dont realize it!
If you have your own cash, then from this survey, no problem it seems. But if you dont have the cash or the financing, you have to go out and get it through partners, banks (yes they can actually lend lol), private money or even hard money. I wonder if they had the cash if they STILL would be held back by fear??
Seems like that is the the thing that holds new investors back. For guys like me, its getting more deals and scaling!