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Updated over 14 years ago,

User Stats

372
Posts
172
Votes
Allen Maris
Pro Member
  • Investor
  • Santa Ynez, CA
172
Votes |
372
Posts

Is there "private money"?

Allen Maris
Pro Member
  • Investor
  • Santa Ynez, CA
Posted

Hi, maybe someone can answer this or give me a word of encouragement. Is there really such thing (and fairly readily available) as a private investor looking for a decent return on their money?

Every lead for the "I'm a wealthy investor looking to invest and make 8-10% return" or the "equity partner" is BS and turns out to be a hard money lender looking for a heck of a lot more than that.

I'm finding plenty of deals these days for rentals but obviously I'm limited on the number I can finance myself with the 70-80% ltv most conventional lenders are wanting.

I've got great credit but I'm looking to do a bigger deal next which is going to require 200-300k for a value added scenario with a 3 year exit strategy.

Anyone have any luck with true private investors?

  • Allen Maris
  • Loading replies...