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Updated almost 10 years ago on . Most recent reply
Funding
looking for ideas on investors or private lenders. I am wanting to flip a small home and wanting some ideas of who to approach to secure a loan? Thank you
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You might have already done this but the first thing you need to do is thoroughly analyze the property and put together a very clear and professional report with all of the relevant details. It needs to have good potential returns and you need to be able to convey that in a convincing way. Lenders will expect to see that you can demonstrate a very good understanding of the business in general as well as the details of this specific project. If you have a solid project and a professional delivery of the potential profit, you will have a much greater chance of getting the attention of potential investors than without it.
Good luck!