Real Estate Investing Forums

Real Estate Investing => Financing, Hard Money Lenders, Private Money => Topic started by: CommonCents on November 28, 2006, 11:09:07 am

Title: ISO Equity/Credit Partner
Post by: CommonCents on November 28, 2006, 11:09:07 am
Hello everyone,

How do I find a credit/money partner in exchange for equity in the biz/properties acquired?  

Thanks in advance,
Joyce
Title: Re:ISO Equity/Credit Partner
Post by: DeeinAustin on November 28, 2006, 11:06:52 pm
Check the "Investor Resources" section in the left-hand column on this site or with your local investment club.
Title: Re:ISO Equity/Credit Partner
Post by: markoarko on December 01, 2006, 10:25:15 pm
In addition to clubs, my preferred method is to approach those whom I percieve to be bigger players than I in the real estate game.

In my market, simply by doing a tax search in our MLS system, with a little finess one can find out who owns several properties.

It may seem a little bold (trust me I have sizable stones), but I have found that that sort of boldness, essentially cold calling the bigger players in the several markets I deal in, find it appealing that I am willing to

1 reach out
2 allow them to help evaluate the prospective deal
3 and ultimately they have consistently put me in touch with thier banker/investors/ point people

And all of those things simply ad to my "stock" and experience as an investor.

As a final thought, looking back at my decade long ride in hands on real estate investing, its always been better (for me) to have an experienced real estate partner than a non-experienced one.
Title: Re:ISO Equity/Credit Partner
Post by: CommonCents on December 01, 2006, 11:01:30 pm
Thank you both.  Ideas are the mother of invention... but why re-invent the wheel when asking the question can point me in the right directions?  

Again... thanks! ;)