OfflineHi GD FAM! Well, I am posting this because I am I need of desperate help winning over an angel investor to help fund my deals purchasing apartment buildings. I got their attention and there requesting for a business plan with a clear exit strategy (repaying back the funding). This will be my first time doing this so I really want to convince them to fund my deals because I've always wanted to own my own apartment buildings. Please give me some advice in constructing a good plan
ThanX
Johnnie
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Johnie, Tell me what your exit strats are. I've got to see them to be able to help. Need more info on your deal...Jan
First, How much time have you spent in the books and second are you a member of the success acamandy and are you using the coaches. If you have none of the above it will be hard.
Randy
www.adeptpropertiesllc.com
I planed on taking the capital that I made from the apartment and use that to buy more properties like single family homes and flip them for a profit. Or just use the capital that the building generates to buy more rental buildings. Then the money those properties generate, I use to pay bay the investor. I hope that made sense. Does that sound like a good exit strategy, If not i am open for suggestions, because I am new at this.
Thanks alot
Johnnie
This link is from a site that I posted a few weeks ago. It gives a few examples on how to write a mortgage loan request. Although your dealing with an angel investor, I think the same strategy could apply here.
http://www.mortgage-investments.com/borrow-money/borrow_money_listing.ht...