Updated about 9 years ago on . Most recent reply
Pitching to private investors
I have a few private investors that are very interested in lending to me. I have had informal conversations with the individuals and they are on board for the most part. Obviously they would like details on the deal. I want to present something formal. I am planning on showing them some before pictures of the property along with the BRRRR analysis to show where the money will be spent and how they will be getting their money back after the refinance. I would also show the numbers along with before and after pics of my most recent renovation to show that its a project I have some experience with. Does anyone else do anything different? What do you usually include and how do you pitch to investors?
Most Popular Reply
Get an attorney on board to make sure the structure is correctly setup. Hold monies in an escrow account if they will be funding the rehab portion. Consider showing a them proof of your ability to refinance on the back side.
#1 piece of advice: Communicate regularly to the investors. Good luck!