Is there "private money"?
Hi, maybe someone can answer this or give me a word of encouragement. Is there really such thing (and fairly readily available) as a private investor looking for a decent return on their money?
Every lead for the "I'm a wealthy investor looking to invest and make 8-10% return" or the "equity partner" is BS and turns out to be a hard money lender looking for a heck of a lot more than that.
I'm finding plenty of deals these days for rentals but obviously I'm limited on the number I can finance myself with the 70-80% ltv most conventional lenders are wanting.
I've got great credit but I'm looking to do a bigger deal next which is going to require 200-300k for a value added scenario with a 3 year exit strategy.
Anyone have any luck with true private investors?
