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Updated over 14 years ago,
Potential private investor
Need help. I have a potential private investor, my brother-in-law wife father. I was at his granddaughter's birthday party at his home and we talked. We talked for well over 40 minutes about investing.
He told me he has substantial amount of money coming online due to the sale of his ranch. I currently own some commercial investments, a sizeable amount.
i am basically scared. I have never approached or follow-up with anyone regarding private financing or equity ownership. I own all my investments 100%.
what should be my next step. he says he wants to talk to me further over a round of golf? Should i send a letter or just call him.
HELP
Thanks