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Updated over 5 years ago,
How do I find investors interested in higher risk investments.
Hey all!
I'm curious to know where I could find an investor(s) who work with riskier (more risky?) type investments.
I'm attempting to develop a template tiny house village/community that would solve the primary issue with tiny houses for any city or county across the nation. With a few tweaks for local codes and culture.
The issue is, it's been a movement for the last 10 years and most jurisdictions aren't sure how to handle them. I have a county willing to work with my conceptual design. The design was completed by myself and a local engineering firm. I've identified the perfect property and even have 31 people (not including myself) willing to be founding residents in the Denver community.
Because this is a new industry trying to solidify itself and tiny houses have been on the fringes since their inception traditional banks aren't willing to lend toward it. VC's want 10x their money back, which defeats the purpose of keeping living costs low.
So, I'm at a loss right now.
Thoughts?
With humble gratitude,
Joe