How not to Fund your self-funded journey

February 10, 2024

by a searcher in Delaware, EE. UU.

I dont recommend start consuming your savings and go full-time on your search journey. Sooner or later you will start being biased to action and, imo, we want to be cold minded.

What i did was bought redacted

Without my real estate "passive income" my self-funded search wouln´t happened. I bough this 3 bedroom apartment and rented the rooms. Just with it cashflows i can cover my basic life expenses.

Curious to know how you guys are funding your Self Funded Journey and, btw, if you are an Investor, a Searcher or an operator, join our PRIVATE free community "SelfFunded Room" and discover how other are making deals worldwide:

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Reply by a searcher
from Glasgow Caledonian University in Glasgow, UK

This is an interesting approach ^redacted‌. I have recently concluded an option (subject to planning consent), to purchase a former bank building in a Picturesque costal location in Scotland which attracts all year tourism due to its world Class Whisky heritage, stunning scenery, and Golf courses. I am joint venturing with a developer to convert the 3-Story "Scottish Baronial Style", blonde sandstone building to a fully automated apart-hotel comprised of 11 premium suites.

My plan was to self fund the development and use the cashflow to fund my search but I am seeing further opportunity to use this strategy as the foundation of my fund due to the high returns. My focus is to get the planning secured ( this is imminent) and then share further details but I am happy to start discussion with anyone who would be interested in discussing this strategy.

Reply by a searcher
in Delaware, EE. UU.

^redacted‌ ^redacted‌^redacted‌ ^redacted‌ ^redacted‌ ^redacted‌ ^redacted‌ ^redacted‌

Curious to know how you guys are doing it.

Cheers,

+6 more replies.

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