How to Finance Your Real Estate Career | Joseph “Joe” McInerney | Real Estate

Joseph "Joe" McInerney Chicago
2 min readJun 10, 2022

Do you have plans to pursue a real estate career? Then you should also be thinking about ways of financing it . The majority of the individuals working in the real estate industry earn commissions depending on the number of sales recorded within a given duration. Note that building a career in the real estate industry takes time, thus calling for hard work and dedication. This article digs deep into different ways of financing your real estate career; let’s roll together!

Take a Loan from Close Friends and Family

Most small business owners successfully take loans from family and friends to stir up their businesses. These types of loans are more advantageous since they offer a flexible repayment duration and low interest. The only risk of this type of loan is when your family or friendship relationship is jeopardized.

When you consider this method of funding your real estate career, you should also remember that your mission might fail, and you have to clear the pending dues. This might affect the repayment duration, making it longer than expected. To be safe, consider documenting the loan terms to avoid future complications.

Go for a Partner Financing

If you can work with a business partner or any other complementary business that may specialize in matters of mortgage broker, among other things, then it can work for you. This can work as a better funding source and offer you expertise with numerous business channels that will benefit your real estate venture.

Make an Application for a Business Loan

Many credit unions and financial institutions offer business loans for startups. However, to get a good business loan that will get you started, you deserve to have good credit. Also, you will need a good business plan that illustrates everything you need. If you have a poor credit history, then look for a co-signer with excellent credit to care for the debt.

Use Your Savings

Almost everyone who has a dream of starting a business has savings. The easiest way to finance your real estate career is to stretch your hand into your savings to start your career.


Immediately you want to start your real estate career, begin making calculations on the startup expenses. You can then figure out a funding source, as discussed above.

Originally published at on June 10, 2022.



Joseph "Joe" McInerney Chicago

Joseph McInerney of Chicago has a long career of guiding investment decisions for private investors. Learn more at!