“Real estate entrepreneurs find the best property deals in the market, and then private investors make secured investments on those deals. This keeps the real estate inventory moving - it’s a win-win situation!”
(PRWEB) March 10, 2011
fundthatdeal.com was created to bring together two sets of people. On one side are private investors who are disillusioned with the low rates of return their money is achieving and the current volatility of the stock markets. On the other side are people who make it their business to identify the best residential and commercial real estate deals in the market but struggle to borrow money from banks and mortgage companies.
“We help create great partnerships.” said Austin Awadzi, CEO of fundthatdeal.com “Real estate entrepreneurs find the best property deals in the market, and then private investors make secured investments on those deals. This keeps the real estate inventory moving - it’s a win-win situation!”
Generally, private investors take a more holistic view than banks and mortgage companies when assessing loan requests. They don’t base their decision purely on an individual’s credit rating. This coupled with the fact that some investors will lend up to and above 100% of the value of the property often makes them a preferred option to institutional lenders.
fundthatdeal.com is very simple to use. Real estate entrepreneurs provide basic information on their deal, and then pay a fixed fee to publish it to the network of private investors. Investors receive email alerts when new proposals matching their requirements are submitted. The investors then connect to the entrepreneurs to fund suitable deals. Fundthatdeal.com earns a 1% success fee on the amount that is loaned or funded on each deal. So everyone has an interest to get deals funded!
Fundthatdeal.com aims to become the global “go-to” site for anyone looking to finance their real estate deal and for investors looking for an alternative channel to generate returns on their money.
Fundthatdeal.com is a new innovative platform that connects private investors to real estate entrepreneurs so that deals get funded.
The entrepreneurs pay a fixed fee to publish their deals on the site. Investors register on the site for free and connect with the entrepreneurs whose deals interest them. When a deal is successfully funded by one of the registered investors, the entrepreneurs pay fundthatdeal.com a success fee of 1% of the amount loaned or invested.
A brief overview of the business concept can be found on the video on the website’s homepage – http://www.fundthatdeal.com