What is the best way to approach Private Lenders
What is the best way to approach Private Lenders to invest? My business partner and I are getting ready to go after a few 300 to 500 acre tracts of land to develop some into SFR and just do the entitlement on some to flip.
I've used private lenders in the past many times but on smaller deals and it's always been people I knew well.
We are putting together a Power Point to email a few high net worth individuals my business partner and I know and planning to ask for a phone call as a response. This is on several development deals each with the land purchase being $2M and up and don't want to be using strategies that are likely to fail as these are really good contacts. Any advice from those who have raised capital of this size is appreciated.