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Updated almost 6 years ago on . Most recent reply

User Stats

17
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Kendall Seals
Pro Member
  • Investor
  • Chattanooga, TN
8
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17
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Finding investors through subscription

Kendall Seals
Pro Member
  • Investor
  • Chattanooga, TN
Posted

I'm getting ready to do a few deals and wondered what peoples thoughts were on private hard money funding. I'm in the process of developing what I like to call "Call to Investors." The plan would be to send out an analysis of the deal my company is making. In the analysis would include all of the major details including Purchase price, renovation costs, and ARV. I'd like to collect a network of investors that could subscribe to an email list to receive these deals. We would put a call out to how much funding is needed and how much equity per $1000 they would receive.

What are the legalities of taking investor money on these deals in exchange for a percentage of the deal if I'm a single member LLC?

  • Kendall Seals
  • Most Popular Reply

    User Stats

    1,773
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    Marc Winter
    • Real Estate Broker
    • Northeast PA
    2,659
    Votes |
    1,773
    Posts
    Marc Winter
    • Real Estate Broker
    • Northeast PA
    Replied

    @Chris Reel is right, and unless you are doing multi-multi million dollar deals, I'd steer clear.  Why not just grab a silent partner to fund your deal/s?  That would be much less sticky.  Get a few deals under your belt, and one investor will start talking to other investors on your behalf.  Concentrate on the deal.

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