Our Crowdfunding Network Is Growing Part 35

Our static site content from Inner 10 Capital is currently being migrated to a new solution to allow us to crowdfund our own deals using our own white label implementation.  The SOW for some other features and functionality we need is still being sorted out, but I expect for all of this to be cleared up next week.  I am pretty excited about this because I think we can find a way to bolt this on to the services offered by third party portals to allow them to raise incremental equity that we need while we maintain the ability to control our relationship with investors we procure.  This seems fair and is the best of both worlds provided we can get the portals to operate in this fashion.  Going forward I think this is how many of the quality operators will set their websites up.  

I have some bylined articles coming out soon in major real estate publications which should help to pull new investors.  We also have a new $6M project in process that I am working on deal points for.  Hopefully we can get this tied up and exercise our crowdfunding ability at a whole new level.  We also have two debt raises coming up to see if we can be successful with this part of the capital stack.  Mezzanine debt seems to be the product of choice to avoid state licensing issues.  We plan to offer a 10% coupon for this and some guaranteed amount of interest.  The first debt raise should start next week if all goes well.  We'll be doing this raise with iFunding since we had a very positive experience on our last equity raise with them.  

Our marketing plan for Inner 10 Capital is starting to come together and I have a whole team of people working on tracking stuff and implementing new channels to aid in sourcing investors.  This should allow us to do bigger projects and to offer our existing investors a bigger plate of investment types.  There are also some series A rounds from some portals I am working closely with coming up.  I have assisted them in finding other venture investors for their series A and I should have a $5M or greater line of credit lined up to assist with deal timing issues.  We can then crowdfund back out of things to avoid having to scramble to get raises done in short windows.  

July should be a fun month!  We have quite a bit going on.  Stay tuned...