how to attract investors

Financing, Hard Money Lenders, Private Money
1

I would like to borrow money from private investors
to purchase fixer properties.
I think I’d have less hoops to jump through than if I borrowed hard money (points, prepay penalties and limited term).
My question is, how do you find private investors and how do you make a proposal, ie; how much interest do you offer on the use of their money, 5 year term ok, no points/interest only ok?
Has anyone here ever went this route?
If so how did you do it?
Any tips or advice would be appreciated.

thanks,

joe

2

Best way is to do deals, get experience, and have deals to wholesale. Private investors want to see a track record of returns before they risk their money on you. After you’ve developed a trusted relationship with them, most people offer 12% returns minimum.

3

Is there really a difference between private investors and hard money lenders? Aren’t they both private?