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Updated over 8 years ago,
What Is The Best Avenue To Find An (Individual) To Lend Capital?
I, along with my dad and brother are new to renovating properties. We are in the planning stages to align everything to begin renovating our first condo or single-family residence.
We have found a company to partner with that will finance 100% of the purchase price of the property, and all rehab costs, but for the first project, we must input 10% down into the transaction and have a minimum amount of cash reserves for working capital until the property is sold.
What is the best avenue to find an individual who will front the capital for a percentage of the profit for our 1st project?