Will Money really chase a good project?

[William Tharp]

Good Morning,

I have been found a great project, I will lose if I do not find funding.

As a real estate investor, I have often heard that investors with money will always chase good projects. I have come across a project which I think can definitely test this theory.  

The project is a new-construction build out of a multi-unit property and the profit on the deal before financing is a conservative 850k. The project has an established team in place with the needed experience to complete the project and it is expected to complete construction in 10 months. It is in a strongly revived area, with huge upside which is about to explode. To verify the legitimacy of the project's profit, I completed over 80 hours of due diligence and I am highly confident in the project.

My critical issue, like most, is the need for capital. While I have found the project, real estate experience and have the 15 years of project management to complete it, without funding the project will escape me.

How can I make investors aware of the opportunity, obtain the financing and complete the project? 

Thanks,

William

[Account Closed]

@Joe Villeneuve has it exactly right. People first. Then project. I have invested in multiple projects with the same people and after every deal feel that much more comfortable with them. Ill take an average deal with known people any day over great (on paper) deals with unknown sponsors.