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Updated over 14 years ago on . Most recent reply

User Stats

62
Posts
6
Votes
Ryan Scritchlow
  • Contractor
  • Illinois
6
Votes |
62
Posts

How to Raising money for a deal

Ryan Scritchlow
  • Contractor
  • Illinois
Posted

I am wanting to find other ways of financing that are out there. I have found a deal that I would like to try and raise capital for instead of borrowing or paying cash for it. Borrowing has all ways treated me well but I feel I have missed out on some good deals because of it. I generaly buy forclosed houses and fix them up to either sell or keep as rentals. I will need to raise 45k for this project so we are not looking at a large sum. I will be keeping this particular property and I would have it paid back in 12 months. How dose one go about doing this? Do I start with my attorney? or start talking with people I know about this investment? Is there a company that helps you with this? How do hard moneys loans work? Any help or suggestions would be great I have been doing this for 3 years now and think that its time I start learning something new. Thanks in advance

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