St. Louis, MO · Member since 2016 · 19 posts · 10 votes
Hey BPers - I've been on BP for a couple weeks. I've probably listened to 100 podcasts out of 172 (thanks to Josh and Brandon). Those are awesome.
I'm slowly learning my way around the RE world and what my options are (as a first step). I'm seriously MOTIVATED after reading all of these success stories. And it's always reassuring to hear the the RE "pie" is big enough for us all (even though RE is an ever-decreasing commodity).
One thing I haven't found on BP (though it probably exists on here somewhere) is:
What do Private Investors want to see when being presented with a potential investment deal?
I have some general ideas about this based on my college education and professional career...
Just wondering if you guys can expound on this topic or maybe point me to a couple specific posts that you found useful?
ANY advice is appreciated! Thanks in advance everyone.
**Also - apologies if this should be posted under some other forum category.
Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
10y
@Adam Dinneny Welcome to BP. You're right, BP is a great place to learn about all things real estate. I believe what you are looking for isn't actually "investors" but someone to fund deals, learn what lenders are looking for in deals, therefore; I moved your post to a different forum. I will also warn you that in order to not have a post removed when discussing funding, be sure not to talk about specific loans, etc., but rather gain information on the process, types of loans, etc. All loan requests, etc. must go on Marketplace.
I will tell you what lenders are looking for is safety. They want as little risk as possible. Therefore; a track record of some type, experience, money into the deal, etc. all help strengthen your position. Good luck!
Investor Deal Diaries is for ongoing projects that will be documented during their duration, such as new construction projects, remodels, etc.