Angel Downpayment Home Investor
Do you need an angel investor to help with a downpayment on your home?
Some angel investors do invest in real estate. But if you are looking for an angel investor to
provide a downpayment for your own private home, you will have a difficult time finding
one. However, if you are seeking an
angel investor for a residential home downpayment in a residential home real
estate business, you may find an angel to be exactly what you need.
What is an angel investor?
An angel investor is a wealthy individual that invests his own private money in early stage businesses. Many times an angel investor is a successful exited entrepreneur or retired businessman. The amount in a typical deal varies by investor from $10,000 to over $500,000. Most times an angel investor will invest a similar amount in each deal.
If you prefer to use the internet to help find angel
investors, www.Startups.co is an excellent resource. The Startups.co Network connects advisors, job
seekers, investors, entrepreneurs, service providers, and others in the startup
How can The Startups.co Network help me find an angel investor for my home downpayment?
First, you can sign up for a subscription. A subscription allows you to view the contact
information for all Startups.co members. You
can do a search for investors by state, preferred investment amount, and
industry, or any combination of the three.
When you find an angel investor that is well fit to your business, you
can contact them and begin discussing your opportunity.
You can also post a “Request” which gets broadcast to investors on the network specifically seeking deals similar to yours. A Request is similar to a classified advertisement. When an angel sees your opportunity, s/he can contact you if interested.
Finally, you can become a member for free and put your business information in your profile. Investors will be able to find your business when they are browsing for new opportunities, and you may be able to find funding this way. It is the least aggressive way to find funding, and thus it will most likely require the longest time.
Whether you find your angel investment from your rich uncle Ted or a prominent Angel Investor Group, it’s important to know that the universe of Angel Investors looks like and what you’re really shopping for. If all you need is a little bit of cash to so you can make the next few payments, your family and friends might be your best option. If you are trying to grow your business by leaps and bounds, a professional angel investor would be a better fit.