The classic way a first time producer gets the funds to make the film is by passing the hat around amongst the family, relatives and friends.
The budget is usually topped up with credit cards or a mortgage over the house (if you’ve got one).
Chances are if you have family, relatives or friends who are wealthy they willl be less inclined to give you money.
End result is that you will in the end not raise much money following this approach, that is not to say that it isn’t any good, plenty of people have used it. However, don’t expect receive a large sum of money this was because it will not happen.
If you use this approach then it is ideal for mirco budget films.