Raising Capital from Accredited Investors
Hi BP Community! I am partners in a local Philadelphia group that has an apartment deal in Houston, Texas, and is currently in the capital raising stage. While I have a network of accredited investors that I am speaking to currently, many of them have never invested in real estate before. I am wondering what is the best way to convert them from interested to invested? This is the best deal that I have vetted to date; however, when I go over the details with people, most think that it is too good to be true.
Most Popular Reply
@ashley smith you need to prepare a professional lookin memorandum and add everything in there you can and then present to your interested parties one by one and email them with a time limit so that they can do their own due diligence too and then follow up with any questions they may have and then get there commitment.