Does anybody have experience with Angel Investors? I've been looking into purchasing large multi-unit propertuies using an Angel Investor. I understand that they typically want a 50% stake in everything. What do they want from me beside that? I can easily find a good deal with tons of monthly income. With the down market, a property could easily be sold in a year or two for a huge profit. I know I'll need to find a property with a good CAP rate and a good rental history. What else do I look for?
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Does anybody have experience with Angel Investors? I've been looking into purchasing large multi-unit propertuies using an Angel Investor. I understand that they typically want a 50% stake in everything. What do they want from me beside that? I can easily find a good deal with tons of monthly income. With the down market, a property could easily be sold in a year or two for a huge profit. I know I'll need to find a property with a good CAP rate and a good rental history. What else do I look for?
Thanks,
reighnie