OfflineHave you ever heard of an angel investor? These are private parties or groups of people that have their own priovate funds to lend. Traditionally, they are looking to fund business ventures, but from time to time you might be able to get them to fund or partner on real estate deals.
There are a variety of different ways to locate these people. You can go online and search for "angel investor network" or "angel investors". you can go to www.gobignetwork.com, www.angel-investor-network.com, www.fundingpost.com, or www.gaebler.com/angel-investor-networks.htm to find angel investors.
I have found angel investors via business alumni associations, entrepreneur clubs and associations and even via the local chanmber of commerce.
I think it is an untapped lending source that can pan out quite well. After all these people are lending money that is unsecured, we are offering them an opportunity to lend money secured to real estate. We can even offer quick profits so they can continue lending on start ups like they normally do. It is a great way for them to infuse a lump sum of additional capital into their pipeline.
Happy hunting!!!
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Wow, I just went to one of the websites and saw there were 10 pages of angel investors. Very interesting, never knew anything like this was available. Great resource.
Thank you.
Peace and Blessings,
“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that frightens us. Actually, who are you not to be? You are a child of God. Your playing small doesn’t serve the world. There’s nothing enlightened about shrinking so that other people won’t feel insecure around you. We were born to make manifest the glory of God that is within us.”
- Nelson Mandela
I am trying to put together a deal and need funding. I will thry those sites before placing an ad on Craigslist for a private investor. Thanks!
Kristin