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Got a real estate deal but not enough money to take it down? This is where raising money for real estate comes in. With private or hard money lenders, partners, or investors, you can scale your real estate portfolio WITHOUT putting up all the money yourself. But to legally raise capital, you MUST follow a few key rules.
We brought rookie investor Kerri on the channel to get her questions answered by seasoned attorney Mauricio Rauld. Mauricio works exclusively with real estate investors and has a few crucial tips to share that could keep you out of hot water when forming a partnership or taking private money from a lender.
If you don’t follow these rules, you could risk your deal falling apart (or some even worse legal consequences). But, when done right, raising money for real estate can legally set you on the fast track to financial freedom. Just watch THIS before taking any money for your next deal!