It should be noted that angel investors are a last resort for funding your business venture or idea. When you honestly look at what they are doing, the term "angel" is only true if you are talking about the angel of darkness! Now understand there is a time and place for everything and some folks are indeed forced to take the aid of one of these real estate angel investors, but if you can avoid it, do so at all costs.

Most real estate angel investors are simply joint venture partners. They want to come in and help a person with their financial needs right? Well, yes and no. You see, in most instances (and I say most because there are those that do not fall into the greed category), an angel investors is nothing more than a glorified joint venture partner. With these investors, they will want to monitor your business activities and in some cases, they want control or at the least consulted on major and minor decisions alike. They also will take a share in the profits. Again, in most cases we are not speaking about for a limited number of months or years, but for the entire life of the company!

As stated above, if you must go this route to get the funding you need, by all means, do so. If that is the case, get hooked up with someone that can facilitate a smooth transition and someone that can introduce you to a honest player. You are much better off though, not to use an angel investor. We are constantly assisting individuals that thought they needed an angel investor, only to be taken to sources such as ultra unique sba loans, unsecured lines of business credit and other private lending sources that are geared only to assisting real estate investors. This is a far cry from the traditional real estate angel investors.

To sum everything up, make sure you exhaust every avenue before deciding on giving up a percentage of your deal or business in general.