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Updated about 5 years ago,

User Stats

220
Posts
101
Votes
Michael Porche
  • Real Estate Coach
  • Boise, ID
101
Votes |
220
Posts

Best Practices for Raising capital?!?!?!?

Michael Porche
  • Real Estate Coach
  • Boise, ID
Posted

Greetings my fellow Biggpocketeers! 

I've been raising capital to fund a deal I've been working on for the last month or so. In the beginning I've been pleasantly surprised who would actually give me funds towards this deal and more recently I've felt like I've hit a plateau of my immediate network, but yet to hit my fund raising goal. I've offered annual interest terms over the period of 1 year and showed them the ins and outs of the deal and exactly how it would be making money. I've also been open for negotiation to allow them to get a bigger piece of the pie for the deal. I've had a few people more interested in the bigger piece of the pie of it which I am open to. 

However I felt it to be the right time to reach out to my pocketeer community to ask for help and see what some of your experiences has been and what have your best practices been! I am ALL EARS!

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