Thank you for your response.I do not have the option of getting cash as the dealer sold it to the charity at dealer cost doing the fundraising, and then the charity transferred ownership to me.I can afford it, I am not rich, but I do not have any mortgages or car payments to pay.If I had won 7k cash I would not have wanted to buy one.

Hey Guys,This may be off topic - but do any of you have experience fund-raising for a 20% down payment?

What does it allow / disallow fund raisers to do?

In addition, they charge high fees and generally have poor fundraising performance.

So the problem is fund raising the down payment & finding the right property.  

Essentially, I handled the construction budgeting, brokering and half of the fund raising while my partner handled the bank financing, legal and the other half of the fund raising.

Everyone missed the true potnetial legal issue: OP coming dangerously close to admitting that he has acted as a fund raiser for his son in law who may be dealing a security: ie connecting him to investors for a fee, with no mention he has registered as a broker dealer with the SEC?  

We have built a strong defense with the 1031 real estate coalition, updated economic studies, multiple congressional fundraisers and numerous meetings with congressional staff.

So I'm really having trouble getting started. I thought getting pre qualified meant they would take some baseline financial info and give you a ballpark number. I found out today that isn't the case. The only access I...

I'm looking to get into the RV Park business as an owner/developer and looking to build a large portfolio of properties, and will need to do substantial fundraising to get to the scale where I think there's a competitive advantage.