Updated over 11 years ago on . Most recent reply
Starting an investment company
Lets say I wanted to start and investment company where I purchased homes and rented them out for cash flow with opm and gave them a return on their investment. Is this possible? Has anyone else had experience doing this? Does anyone know of any books or substance I could read to show how to do this? I'm sure I can find the investors and the homes, my question is mainly on structuring this and if it has worked for anyone else?
Most Popular Reply
Private Money Lenders. At some point we all have OPM (Other peoples money). You offer to borrow their money usually @ 6-8% and purchase property that is hopefully giving you returns of 12% and you pocket the difference. I just do it with a bank. They loaned to me at 4.5% and I'm getting 12% returns! I pocket 7.5% Pesky Private Money Lenders cutting into my spread!
But seriously you haven't proposed anything outlandish or creative. It's every day occurrence in Real Estate!