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Updated over 4 years ago on . Most recent reply

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Michael Thrower
  • Real Estate Agent
  • Florence, AL
0
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Presentation to Private Investor

Michael Thrower
  • Real Estate Agent
  • Florence, AL
Posted

If you were looking to use Private Investor Money to fund your first flip or rent, would you present your entire plan to them first and how much would you typically return to them?

Seems I read the average return to Private Investors is around 10-15%. How do you get them to actually want to invest in your plan otherwise?

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Kevin M Finley
  • Developer
  • Kenosha, WI
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141
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Kevin M Finley
  • Developer
  • Kenosha, WI
Replied

I have a Private Lending Proposal Document. It lays out the property information, deal information, scope of work and itemized budget per category, timeline, and then ultimately the terms and the estimated return the lender is set to receive. It also lays out a worst case scenario that identifies the foreclosure equity the lender would then have in the property. 

Clear and concise data is important. Show your comparables and your ARV. Show an itemized budget. Show estimated timelines etc. Show pictures. My proposal document is about 6 pages all said and now that I've developed a template only takes about 15minutes to put together.

Imagine it's your money. What is going through your mind and what questions would you have? Answer those questions. 

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