In blind pools, a limited partnership raises money by using a well - known investor's name without indicating how the money would be spent. (inc.com)
I started with a small blind pool raised from my co-workers at my «day job» that I was leaving to go full - time into real estate. (biggerpockets.com)
«Some of the companies were blind pools designed to capitalize on real estate capital market distress that just didn't come about in the volume that most expected, and those companies have lagged as a result,» he explains. (nreionline.com)