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Updated almost 5 years ago,

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Mormon Redd
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Finding Investors With Cash That Will Still Buy Small Deals

Mormon Redd
Posted

I recently moved to a small town in Alabama and happened across a great real estate investment. It was a 4-plex that was cash flowing nicely and was still way under market rents. I bought did some renovations, pulled up rents and everything was great when my agent brought me another deal very similar to the first but the numbers were even better! I was ecstatic but low on cash so after some creative financing and a personal loan I was able to invest in this one as well. Since then these deals have been popping up all over the place and right now I have 5 potential deals in front of me all of which would turn an average of about 50% ROI before an investor split.

I've been trying to find ways to snatch them up but I'm completely out of cash and to be honest very poorly connected. I've tried friends and family but none of them have the capital I'd need to jump in to more than 1 or 2 of these and would need more hand holding than I'd like to do if I can avoid it. I have a friend who is connected with some large investment funds but they won't look at them because they are "smaller deals than are worth their time." 

So I guess I really just need help with the networking piece... How do you find investors with the cash to invest in these deals that won't turn their nose up to them because they aren't over half a million dollars?

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