Hi all - I am a self funded searcher. I will likely need to raise anywhere from 50-250k to close the equity gap in a deal. Likely this would come from friends, family or those in my personal network. With that said - I am curious to learn some examples of a typical structure and how that capital will be paid back and then distributed over time? Obviously no situation is the same, but would like to hear what others have done in this space and what is generally accepted in a situation like this?
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We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
Travis explained a lot - but really every deal is different
Ideally as a Searcher you are focused on the close and all the other items needed
Our goal is to put in money that covers their equity injection which can range as much as $200K - $600K+
This helps lower the financial burden on Searchers on entry and frees up their personal balance sheet in case things go sideways
Searching is expensive
Also I try to bring all deal experience I have to help them get closed and get up and running
Some searchers raise on their own from family and friends perfectly fine too