Updated about 5 years ago on . Most recent reply
Tips for Finding investors/lenders
Hey bigger pockets people, I am a 19 year old that just started working with a property management and real estate investing group. I started a successful marketing campaign to generate prospective investment properties. Now I'm working to find an investor to fund these properties. Anybody have tips for networking better to build my investor list.
Most Popular Reply
Welcome to BP. Biggest thing is going to networking events and letting people know what you are doing. Personally I think its going to be difficult to find investors to fund your properties unless you have a good arrangement that benefits them. And when it comes to actually getting funding a lot of people want to see experience. You may have to go out and get the first couple deals on your own to show other investors that you are serious and you know what your doing. Most people won't lend $100k to someone for their first deal when they have no experience to back it up. Since you are working for a property management company you do have a leg up there but its not a guarantee. Best thing to do is hustle and show people you are serious and know what your doing.