Q&A for Potential Investor

[Austin Hatley]

Good evening all, 

I am wrapping up my analysis on a deal in Charleston, SC and my meeting with a potential hard money lender is quickly approaching. What are some more detailed/advanced questions that I should expect so that I am able to respond accordingly? 

Thanks all

[Steve S.]

Your experience level is going to be a huge factor. Also how much of your own capital do you have to invest in the deal itself. Those are the biggest things you will need to provide. Then the deal itself, which your analysis will provide.

[Austin Hatley]

Thank you for your input. This is my first commercial deal and proving my reliability and credibility is one of my top concerns. The deal itself makes sense and the "numbers work," it is just the shear size of the deal that I am worried will leave the potential investor hesitant. Thank you again Steve.  

[Account Closed]

I'm a private money lender in the Charleston area @Austin Hatley. I'd be happy to hop on the phone and let you get a feel for how us lenders approach such deals. If nothing else, hopefully I can provide you another data point to make sure you're getting competitive terms. Reach out if you'd like to connect. 

[Amy Bates]

@Austin Hatley, best of luck going forward.  My husband and I are looking to get into commercial real estate in the future as well, so let's stay in touch.  

[Roy Jenkins]

@Account Closed If you were willing, I would love to get a few pointers as well.

[Buddy Holmes]

@Amy Bates  , @Roy Jenkins, @Austin Hatley,  

@Mark Mattison and I have set up a BP meet-up for Monday June 19th at 7:00PM at Steel City Pizza at 8600 Dorchester Rd, N. Charleston.   Hope you can join us!

Cheers, Buddy

[Amy Bates]

@Buddy Holmes, thank you so much for reaching out.  I will be out of town that day, but I'd love to attend the next one.  Let me know if you all coordinate another, or if you'd like me to help coordinate as well.  Take care and enjoy!

[Buddy Holmes]

@Amy Bates, will do.