How to raise $50,000k by year end?

[Abou C.]

Hello Goal of raising $50k by end of year totally five investors with $10k+ each. Planning to acquiring two 3# family by year end. Questions: 1. How do I protect their interest? In the deal 2. How do I raise initial capital from them? 3. What legal consideration should I take? 4. How to structure the deal among them and my company. 5. How much equity/return should I return?. 6. Should I have a deal on the hook prior to initial conversation?. Am I missing anything, should be considering any thing?.

[Joel Owens]

You need to know what type of investor you are talking to. I generally run across 3 types.

1. They need the investment to immediately generate cash today.

2. They need the investment to generate some cash today but can be nominal and get more equity on the back end.

3. They do not need the cash at all today but know when the property is turned around or the new development is complete the cash flow will start coming in plus a really nice return on equity for the back end.