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Updated about 3 years ago,

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Andrew Freed
Agent
Pro Member
  • Investor
  • Worcester, MA
1,387
Votes |
1,265
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Help - Need Guidance on Investor Package

Andrew Freed
Agent
Pro Member
  • Investor
  • Worcester, MA
Posted

I’ve expanded my portfolio greatly over the past year and am up to 8 units. However I ran out of my own fund and am looking into private money.

I have family members and friends that are considering being my private lenders. Here’s what I propose:

1. Set up HELOC and whatever funds I grab, pay their interest but +3% interest and give 10 percent equity in any deal I purchase. I was planning to purchase BRRRRs, fix and flips and buy and holds.

The issue I’m running into now is they would like to see an investor package. Can anyone point me to some resources or offer examples of a private lender investor package I can base mine off of?

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