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Updated over 4 years ago,
Review a business plan draft to get 5 passive investors for deal
I wrote up a business plan to get at least 5 passive partners to buy a fourplex in Cincinnati, OH under a fourplex LLC (I would hold title & deed) and then give back the initial investment money in 1-4 years while they get monthly cash flow distributions up until I pay them the initial investment money. I already have the realtor & property management connections. If you have experience in doing partnerships as a lead investor, any interest in reviewing my draft and giving feedback? Would this business plan require a PPM? It's a 7-8 slide Google presentation.
Worst case: if I don't get any interest in the business plan, I'll buy it for myself w/ a conventional mortgage.