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Updated over 4 years ago on . Most recent reply
#1 BiggerPockets Exclusive PRO Area Contributor
- Professional Auctioneer
- Baltimore, MD
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Angel Investors
#1 BiggerPockets Exclusive PRO Area Contributor
- Professional Auctioneer
- Baltimore, MD
Angel Investors
An “Angel” is a private lender who doesn’t know it yet. These individuals have money in low-interest bearing accounts, but prefer higher returns. Unlike hard money lenders, angels may offer attractive terms on little more than a handshake. Prepare a detailed investment proposal, then find an angel by advertising, networking at investment clubs, or sending a personal appeal to folks in wealthy neighborhoods.Open your eyes, wealthy people are everywhere.
Charles Parrish
Most Popular Reply
#1 BiggerPockets Exclusive PRO Area Contributor
- Professional Auctioneer
- Baltimore, MD
- 1,470
- Votes |
- 1,857
- Posts
#1 BiggerPockets Exclusive PRO Area Contributor
- Professional Auctioneer
- Baltimore, MD
Thank you. Angel Investors are everywhere, you just don't know who has money until you put your proposal out there.
My son recent raised $250,000 from 4 angels. He finished his commercial project, got a loan and paid the investors off at a great interest rate. The good thing is they are ready to invest again.
Charles Parrish