Investment Group Question
I am trying to get an investment group together...no particular location...to get a guarunteed ROI within one year. The part I am unsure of is how to go about finding the investors and how to present the idea to them. I am working with a guy who owns a construction company, buys the land, and needs loans to build on them. He gets plenty of pre-sales, and therefore gets a profitable ROI for all parties. I appreciate any help. Thank you.
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well, if you can give a little more info about how much money you need, and what the return would be, I'm sure you would be able to find people.
Eric
[addsig]
The way it would be set up; there are so many projects going on we would use it for a project appropriate to the investment. For example 100k would be put to a small house where say 1 million would be put towards a larger commercial project.
The system set up works very well.
also depending on the amount invested the return would be 10-14%
FYI: The more sophisticated real estate investors would probably want a cash on cash return of at least 25% in the first year. I see so many deals all across the nation where it is very possible to do 50% or more in a year. Additionally make sure that your investors exit strategy is very well available.
Phil