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Updated over 5 years ago,
How to reach out to another invest to ask them to fund a deal
I have recently come across what seems to be a great commercial deal. I have not yet done a commercial project, and my own funds are currently tied up in other investments. I would feel more comfortable if I partnered with an investor who is very familiar in this space. There is a local investor who specializes in commercial properties such as this one. How should I go about presenting the deal to the investor and asking them to partner while bringing the majority of the funding to the deal? This is a total gut and there are plans in place for new construction along with permits. There is a tenant who would be willing to move in after construction, and they deal would either come with the tenant or the new buyer can find their own tenant. Any advice would be greatly appreciated!