Need private investors fast for 1000+ units - Posted by Dan

Real Estate Investing
1

Posted by Madison on November 11, 2002 at 15:36:47:

I agree with Tyler, details of the package would attract people to your project. How much are you personally putting in? What is appraised value, location, type of property, etc. Put it together in a professional proposal and you will find the money

2

Need private investors fast for 1000+ units - Posted by Dan

Posted by Dan on November 06, 2002 at 09:51:13:

I need to raise about $250,000 fast for a 1000+ unit apartment building in Ohio. Where can I find commercial lenders or private lenders who can move quickly if the opportunity is right for them? The money doesn’t all have to come from one source.

3

Re: Need private investors fast for 1000+ units - Posted by Nate(DC)

Posted by Nate(DC) on November 07, 2002 at 16:41:57:

what are you offering in security? first trust? second? what interest rate?

NT

4

Does Mezz financing work for this?? (nt) - Posted by Izzy

Posted by Izzy on November 07, 2002 at 11:33:59:

nt

5

Chump change - Posted by Bill

Posted by Bill on November 06, 2002 at 10:10:47:

250K is chump change for a 1000 unit deal and the people who are involved in projects that size arent usually found asking for investors on sites such as this.

Are you sure you are on the right website.

6

Re: Just need 250K more - Posted by Dan

Posted by Dan on November 06, 2002 at 10:51:49:

Hi Bill,

Thanks for your reply. Yes, I’m sure I’m on the right website :slight_smile:

We have the rest of the financing in place – we’re just 250K short. Any ideas?

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Re: Just need 250K more - Posted by Bill

Posted by Bill on November 06, 2002 at 11:37:06:

The deposits should more than cover that.

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Still need 250K more - Posted by Dan

Posted by Dan on November 06, 2002 at 13:12:14:

Thanks, but we’ve already included deposits. We are still 250K short, and are looking for private investors to raise the money. Any ideas on where to find private investors quickly?

9

Re: Still need 250K more - Posted by tyler

Posted by tyler on November 06, 2002 at 15:13:35:

If you have the experience and capicity (financing) to handle a deal of this size, you should have a network of people that can come up with this. If you still are insistant. Post details price, income statement, financing details you have lined up. Think about it, I dont know you from adam. Present a professional proposal and those with money may email you to take it to the next step… otherwise i think everybodies time is wasted (at least 99% of the time).