Updated about 19 years ago on . Most recent reply
I need money
My question is, how do you go a head and ask for money from investor's? I'm going to try to get some family and feind to invest some money for the down payment in a 4plex. but if I can't raise the capital how do I ask for investor? would I offer 9% intrest 8% or 12%? Of corse I don't want to pay to much be I would like to get started. I thought that I might ask for 1000.00 from eash at 9%, that way all you rich people out the will think that's not much to loose if this guy desides to go to the bahama's or something. That way I will build a repoor with some investor's. any thought's. I'm pretty sure that I can raise the capitol, but if not I would like to learn, and this in a question that I have had.