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Updated almost 6 years ago on . Most recent reply

User Stats

39
Posts
15
Votes
Aaron Peterson
  • Investor
  • Akron, OH
15
Votes |
39
Posts

In need of more investment capital

Aaron Peterson
  • Investor
  • Akron, OH
Posted

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

User Stats

255
Posts
248
Votes
Jad Boudiab
  • Real Estate Broker
  • Cleveland, OH
248
Votes |
255
Posts
Jad Boudiab
  • Real Estate Broker
  • Cleveland, OH
Replied
Originally posted by @Aaron Peterson:

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.

 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.

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