Best ways to Ask for Money for Deals.
I'm looking to do the BRRR strategy but I need some private funding to get the ball rolling. I know some higher net worth individuals. What is the best way for me to approach them to ask them for a loan. What interest rates should I offer? I'd like to keep all the equity and just pay them interest to keep things simple. Also what's the best way to get the money when I need it to close a deal but not before then so I'm not paying interest for it just sitting in an account before I close a deal.