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Updated over 9 years ago,
Private Lending Campaign
So I put a post on craigslist to find some seller financed homes. I got one offer for a mobile home which i was not interested in and another person asking me if i was looking for people to invest in a property with me. I said that was not my original reason for the post but I am interested and if (WHEN) i find something ill let him know.
So The last guy gave me an idea. If he is one that wouldn't mind going into a deal with me maybe others will be as well. So with that being said i would like to go on a Private lending campaign. Sending out hand written personal letters, adds on social media, newspaper, craigslist, handing out business cards and posting signs out.
Are there any restrictions on having to many people fund your deals at one time? ( I don't like the idea of sharing all the money with everyone anyway, just needed to as)
Do you think this is a good idea? If so why/whynot?
I plan to go to the more wealthy neighborhoods and send letter first and see how that goes. I want people to see me as professional so i need everything to be on point.
I think this would call for a website and a separate telephone number. Any suggestions on a website creator? Im going to look on bigger pockets market place because i know they help with things like that. Just wanted recommendation from BP members.
I never did a fix and flip or any other strategy before do please let me know if im out of line with this funding strategy and how i should/could go about it. I living in severn, md close to Baltimore and other areas.
thanks in advance.