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Updated over 5 years ago on . Most recent reply
![Michael Porche's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/893179/1724405681-avatar-michaelp384.jpg?twic=v1/output=image/crop=3072x3072@0x768/cover=128x128&v=2)
Best Practices for Raising capital?!?!?!?
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!
Most Popular Reply
![Taylor L.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/569676/1715197864-avatar-taylorlrei.jpg?twic=v1/output=image/crop=178x178@5x0/cover=128x128&v=2)
The best advice is to dig the well before you're thirsty. Build those investor relationships beforehand next time.
You need to be very careful to stay in compliance with your deal. You haven't described the structure under which you're raising money, but you could be breaking securities regs.
Generally speaking, the more people you talk to the better. You'll keep refining your deal presentation style the more you try it!
@John Fortes has it right, there's no secret sauce to raising money. Everyone has a different strategy.