In need of more investment capital
After 15+ years of investing part-time, I just finished my 5th flip and closed on my 11th long term hold rental property. My ROI numbers on the rentals are super solid. I'm in need of more investors or hard money. Any suggestions? I'm in NE Ohio.
Most Popular Reply
Lack of capital, not a bad problem to have.
It sounds like you're doing well, you may need to give more details but BP is a great place to start networking and potentially raising private money.
- What more details do you have on your operation, returns, niche?
- Why should someone invest with you?
- Are you in the Cleveland market, Akron / Canton market, another market?
- How long would an investor expect to have their money tied up for while working with you on a deal?
- Are the funds going towards flipping, or buying long-term rentals?
I personally don't like being tied down to hard money; short term capital and high interest rates. Building relationships and raising private money is the way to go.
