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Updated over 11 years ago,
Beginner trying to raise capital
Hey guys! I'm brand new to real estate investing. Me and a partner of mine have been pooling together our resources in an attempt to land our first deal. We've found some houses that we would be interested in flipping but don't have the down payment money for a loan. I've heard that one option is hard money but carrying a payment like that until the house sells would be tough. So I'm looking to private investors. My question is, since I don't really know anyone with that type of money, how would I go about finding some in my area? I've done a lot of research on investing and have a mentor that has been helping me out and showing me some pointers and I have all the resources of actually making it happen, but I guess I'm not really sure how to find the people with the money and how to convince them to invest in me. Would love to have some input on this from a pro! Thanks!