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Updated over 5 years ago on . Most recent reply
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How to make/present a 5-year business plan to a private lender
I need to know where to start to create a 5-year business plan. I recently contacted one of my old General Mangers at one of my jobs who i really got along with. In Short I asked him if he ever did any type of private lending before. He said he has but it hasn’t worked out well for him. But he Said for me if i can give him my 5-year business plan he will definitely take it into consideration and help me fund my first investment property. Which i told him will most likely be a Duplex which maybe I’m thinking can house hack it and live in it for a while then rent the whole thing out to two different tenants and create cash flow. I just need to know where do I start when creating my business plan and how can I present it too him well enough for him to trust me with what I’m doing?