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Updated almost 8 years ago on . Most recent reply
- Rental Property Investor
- St. Paul, MN
- 3,659
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Raising private capital for apartments/commercial
I'm interested to hear from others on how they have successfully raised money to purchase multi family deals. Currently I have a small network of investors, but I am limited to just over $1 million. My goal is to purchase $5 million to $10 million apartment complexes and raising private money as a must. My current friends and family network is not really a potential source besides the investors I am using. Any success stories on how you're raised money for advice on finding high net worth individuals would be great. I currently own over 150 units right now so I do have experience in RE
Most Popular Reply
Hi Todd,
I've raised ~ $10m over the last 12mos in about 5 deals to date. I'd listen to the Kevin Bupp podcast interview I did w/him (2 hr, 2 parts) on my BP profile page and download my free eBook on my website under Thought Leadership entitled How I Raised $1m in two weeks on my first deal. It targets the top 10 things I've learned raising capital (blog below hits high points). I hope this provides some guidance. I'm thinking about putting together a "capital raiser" workshop in Austin next spring. For such an important piece of the syndication experience, its interesting to me that there is not a lot of good instruction on how to go about it.