Where can I find serious angel/private investors to fund real estate flipping investments in Chicago??
Question by kimberlyl: Where can I find serious angel/private investors to fund real estate flipping investments in Chicago??
I have a successful real estate firm that buys, rehabs and sells single families and multi-units. There is so much opportunity here in Chicago that I can’t purchase property fast enough using money from banks (because the approval process for each property is so time consuming that seller sell to cash or near cash buyers). I’m looking for investors willing to fund $ 100k or more. This will allow my firm to purchase and rehab property faster thereby allowing us to sell it faster. I provide a prospectus with all the property specs so the investor knows the details of the property. Where can I find an investor willing to fund these projects in Chicago???
Best answer:
Answer by Katherine W
Try going to meetings of the local real estate investors clubs. You should be able to find people there. Or start offering free seminars at libraries and see who comes.
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You may want to go and pitch your ideas where investors gather. Here are some places where angel investors come and those looking for funding can come and pitch their business plans. Be sure to have a strong business plan and describe what makes your business idea stand apart:Angel Capital Association http://www.angelcapitalassociation.orgAngel's Forum http://www.angelsforum.com Band of Angels http://www.bandangels.com Common Angels http://www.commonangels.com Keiretsu Forum http://www.k4forum.com Launchpad Venture Group http://www.launchpadventuregroup.comNew World Angels http://www.newworldangels.com New York Angels http://www.newyorkangels.com Robin Hood Ventures http://www.robinhoodventures.com (charges $ 250)