Raising capital for a down payment

[Ryan Grinstead]

I am looking to raise around 10K in capital from investors. I will see what I can get from family, but if I end up needing more funds, what are typical terms, conditions, and length with these sort of contracts? What are your individual experiences?

The deal

Duplex listed at 62,5000 offered 30,000

Curb offer on one half walked through one half and identified a lot of cosmetic issues, mainly windows and flooring, and possible bathroom remodel and possible leak in roof.

15% down for a standard owner occupied deal. Have around 5K in cash.

Would like to raise 100% of down payment and closing costs.