Capital Raising and Syndication for First Timers - RE AM + Residential Development
Looking to rehab some residential homes (converting single family in multifamily) but i don't have a lot of money but have a shitload of hustle. Will be teaming up with a GC to spec and manage projects but i'm not sure how to get the ball rolling.
Looking for some advice and resources on how to think about getting started and raising capital for a first timer with no track record at all.
Comments (5)
Family or hard money. Nobody else is going to touch a deal that small.
What if you're doing a boatload of volume to package up the size?
Not sure what you mean. There isn't really any economy of scale to rehabbing multiple single family homes. You can only execute so many projects at once. You have no capital to coinvest and no track record. Why would anyone need you as a GP?
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