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Updated over 6 years ago on . Most recent reply

User Stats

22
Posts
1
Votes
Shane Adsir
1
Votes |
22
Posts

FOUND huge deal, way bigger than I can chew; pro help

Shane Adsir
Posted

How do I finance something in any capacity when it is out of my league but so ripe I cannot stop talking about this? the deal is listed at 6.4 million for 90 units in foreclosure.

Most Popular Reply

User Stats

530
Posts
365
Votes
Barry Ruby
  • Developer
  • Boulder, CO
365
Votes |
530
Posts
Barry Ruby
  • Developer
  • Boulder, CO
Replied

Do you have any details on the deal? Have you run any numbers or put together a preliminary analysis to demonstrate the performance of the deal along with a proposed structure between yourself and the investor you are looking for and need?

Do you see yourself as only a "finder" or are you looking to stay involved with the deal? What role do you envision playing in the ongoing activities of the investment? If you do propose to stay involved with the deal, what are your qualifications that would lead an investor to engage you in performing the functions you see yourself executing?

These are some of the basic issues any investor would need to see in order to take the deal or you as as a serious and valid opportunity. If you don't have the ability to put a package together, you need to find a developer that will assist you in doing so. If you are not able to analyze and "package" the deal, your first step should be finding someone who is able and willing to do this work. Your "best case" in this scenario would be that that party would mentor you in how to accomplish these activities so that you can learn and earn at the same time.

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