you know those shows like flip this house and flip that house? is it possible to get private funding for something like that?
2007-08-02 17:59:50 · 2 answers · asked by ineedanswers 3 in Business & Finance ➔ Small Business
Yes, Jkdlip is right but I want to add that you can learn all about how to flip homes AND network to find leads though a local Real Estate Investment Association. This link is to the national one, joining that is not a bad idea but try to find a local one if you can. http://www.nationalreia.com/
In our local REIA I have met personal investors as well as investment capital firms that offer financing for flipping/hard moeny loans.
Most REIA's are nonprofit organizations and I think you should go to some meetings and learn the lingo a bit before you jump in.
Good luck.
2007-08-06 13:51:41 · answer #1 · answered by Esmeralda 4 · 0⤊ 0⤋
You might find a private investor, but they are going to want a couple of this ... (1) a significant return on investment, and (2) evidence that you can do this. If you don't have a track record, you probably won't find private funding.
2007-08-03 23:04:52 · answer #2 · answered by jdkilp 7 · 0⤊ 0⤋