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Updated almost 3 years ago,
First Time Posting (Seeking Capital Funding)
Good Evening BP members,
Iam reaching out for a bit a help. I am a high W2 earner with ZERO intention of leaving my job for at least 15 more years thus making my bank account cash rich and capital poor. I have very little to NO debt with only student loans from a doctoral degree left pending. I also have multiple deals being presented to me daily and a great team of realtors, PMs, GCs, handy people, and friends from military service in multiple markets ready to go. However, after my last deal using my last dollars from a Self-Directed IRA I've officially stalled out if I can't find some capital.
My business partner and I have been calling and emailing multiple private lenders off BP to continue our successful BRRRs strategy, but we can’t seem to get a single person to return a call which is where my ask comes in.
How/what do we need to do differently to build a relationship? I am more than willing to add value in any way I can to build trust and understanding of both business as we have done with other individuals we work with; at this point my only ask is for some connections that have more than a fancy website and email address so I can secure capital and end the feeling of defeat. If this doesn’t work my next steps will be pausing for a year so I can save another 100K and then slowly get rolling again next spring, that just so painful and counter intuitive to reaching out goal of 150 doors at this point. Hoping y’all can help!