Updated over 2 years ago on . Most recent reply
Is it possible to hire people to raise capital?
A person reached out to me on facebook from one of my real estate groups (subto) when I mentioned looking for money. Made me wonder if it's a good strategy to seek out fundraisers for my projects. Has anyone worked with such individuals? How much do they charge?
Someone will say hard money lenders do just that. I agree but the hope is fundraisers can get me even better terms.
If not I may just learn the skill of fundraising myself.
Someone will say hard money lenders do just that. I agree but the hope is fundraisers can get me even better terms.
If not I may just learn the skill of fundraising myself.
Most Popular Reply
It's definitely possible. In high finance it's called "Equity placement" or "investment sales". I believe those people charge a 1-3% fee but I'm not certain. There's also "debt placement" where brokers will shop around for the best mortgage on your behalf and charge a .50-1% fee for that service.
Some even employ in house "investor relations" people, whose sole job is to raise capital.