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Minnesota Real Estate Q&A Discussion Forum
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Updated over 8 years ago on . Most recent reply

User Stats

27
Posts
11
Votes
Matthew Lindquist
  • Investor
  • Minneapolis, MN
11
Votes |
27
Posts

MN Investor needs help!

Matthew Lindquist
  • Investor
  • Minneapolis, MN
Posted

Hello!

I just bought my first deal a little while back and have people interested in my next deal. How do I raise money? PPMs & Term sheets? How do self directed IRAs work? Open to any and all suggestions!

Matt

Most Popular Reply

Account Closed
  • Wayzata, MN
12
Votes |
34
Posts
Account Closed
  • Wayzata, MN
Replied

congrats on your first deal Matthew, I grew with Andrew I'm not a big fan of self-directed Aire's but partially because I've never done one. I invest in stocks in my IRA which allows me to have somewhat of a balanced portfolio. To raise money from the private sector I would think you need to bring the deal to some individuals that have money. The deal would have to be attractive enough for them to invest in you. The Minnesota multi housing association has a meeting on November 10 which might be a good thing to bring to that group and discuss it. I'll be at that meeting if you're interested I'd be happy to look at the deal for you in person. To find out about the meeting go to bigger pockets/events. It's under MMHA meeting in Bloomington Minnesota.

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