I am very interested in starting my own real estate investment business specializing in investing in multi-family apartment buildings. I do not plan on starting it tomorrow or anything but within 1-2 years is when I really want to start (I'm finishing up my college degree in the fall). Obviously large apartment complexes are not cheap and most people do not have the mountains of money laying around to put down on a property since banks want about 20% down give or take. Here is where the issue lies. I will be starting with very little cash of my own so I need a plan and a way to get/raise money to purchase my initial properties.
I have done some research on the topic already and found out about hard money lenders and also some seller financing options that could possibly be available but I still need much more information.
Does anyone have any ideas or suggestions on how I should go about this? When I first start out I would like to raise anywhere from $100,000-$300,000 in order to prove myself and really get going before I go on to larger and larger deals.
Any advice and or constructive comments would be greatly appreciated!