Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Finding private money to invest in RE
Looking for advice on securing private money for my investments. Ideally, I'd like to find a retirees or individuals who have money invested in fixed securities who would like a chance to earn a better return secured by distressed RE.
The foreclosure market has gotten to the point the returns are too juicy to pass up. However, I have committed so much personal capital in various projects that I cannot finance many new deals. I'd like to find the proverbial little old lady making 1.5% in a bond fund, offer her 4% and create a win-win situation.
I know I can make it work.
Any advice appreciated.
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