OfflineHello, My name is Matt, I and my two partners (my parents) are looking for more funds to continue our expansion. Currently we have 61 "buy and hold" properties. We have saturated our local banks thus why this post. We are willing to pay up to 6% per year. If you have access to funds please PM me so we can continue the conversation. Thank you for your time.
Matthew
__________________
Be careful how you ask for money and what you will pay for it. The S.E.C. is very strict on how you acquire outside funding. What you have done above MAY be illegal!
Michael Mangham
MD Home Acquisitions LLC
Knowledge is power, but execution trumps knowledge. Tony Robbins
http://www.mdhomeacquisitions.com Seller site
http://www.mdhomeacquisitionsbargainhouses.com Buyer site
http://www.mdhomeacquisitionshousehunter.com Bird Dog Site
http://www.mdlodeals.com Tenant/Buyer site
I have a direct nationwide lender I use, I will PM you.
Barbara
really only one nibble, no one wants to make money?
Micheal
Can you expand on SEC regulations. I know there is a lot of fraud out there.
Thanks,
Theresa
Matthew,
I think that you should at least fill out some of the basic info on your profile; you have only recently joined this site, and you expect to get a huge response from people who know nothing about you?
wishing you success,
Valerie
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
You own over 60 properties and you've only dealt with your local banks and you're looking for another source to fund your purchases???
Truthfully, i'm not going to outright say you're lying, but I know people who own as little as 5 homes and couldn't see them going on a social network soliciting total strangers for other sources. I would think with the amount of money you're making these banks, you would have them referring you to thier cousins or sisters uncle or someone with money with your alleged track record.
Just sayin
There ain't no site for advanced investors. They have established relationships with their money sources.
It is may be illegal to advertise a specific rate of return.
What banks understand is personal relationships and a history of paying the loans made and paying them off early if possible, then getting a larger loan, repeat.
It's fine that you look for money, but like I said in my first post, you might check with the SEC as far as how to ask for money.
Good Luck,
Michael Mangham
MD Home Acquisitions LLC
Knowledge is power, but execution trumps knowledge. Tony Robbins
http://www.mdhomeacquisitions.com Seller site
http://www.mdhomeacquisitionsbargainhouses.com Buyer site
http://www.mdhomeacquisitionshousehunter.com Bird Dog Site
http://www.mdlodeals.com Tenant/Buyer site
Truthfully, i'm not going to outright say you're lying, but I know people who own as little as 5 homes and couldn't see them going on a social network soliciting total strangers for other sources. I would think with the amount of money you're making these banks, you would have them referring you to thier cousins or sisters uncle or someone with money with your alleged track record.
Just sayin
elixbrown, That my thoughts too. However here in West Virginia that is not that case. We have people calling us to sell them homes all the time. We have 2 different families with several different generations buying homes. ... Where we are located we truly live in a valley bubble. That is why I came here, seeking help... for leads not for money itself. I issued the 6% statement to flush out the sub primes at 12+%.
Again for anyone that is serious we can provide our financial statements to show our validity.