Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

141
Posts
40
Votes
Alfonso Aramburo Zepeda
  • Investor
  • Riverside, CA
40
Votes |
141
Posts

I have deals, HML, rehab, comping skills, but not a partner

Alfonso Aramburo Zepeda
  • Investor
  • Riverside, CA
Posted

I have been finding multiple deals that work for Fix and Flips & Fix & Holds around Big Bear, Crestline, Lake Arrowhead, Riverside, Moreno Valley, San Bernardino, Colton. The challenge is coming at 15% down for each deal. I know I need to JV with someone, or start raising capital to do more deals.

However, I've only done 1 fix & flip, 1 fix & hold, and 1 construction from the ground up in Mexico, & currently house hacking here in Beaumont CA besides having a track records of kitchen & bath remodeling, mainly countertops. I don't find hard creating DEALS. Yet, I don't feel as experienced yet since I haven't done any flips here in the States yet. 

 The predicament is that I lack of funds at the moment and it would take me months before I can save up for another deal. I've missed plenty of deals where I could've made money had I partner up with someone.

How would you suggest I approach potential JV partners and other potential Investors?

Thank you!!

Most Popular Reply

User Stats

122
Posts
64
Votes
Sheri Fluellen
  • Real Estate Agent
  • Cheyenne, WY
64
Votes |
122
Posts
Sheri Fluellen
  • Real Estate Agent
  • Cheyenne, WY
Replied

Approaching others for money or partnership can be challenging!! The most important factors in these steps are 1) being known and 2) being trustworthy.  Start with the people in your immediate sphere of influence that could potentially fit the bill.  Create a possible scenerio or two and create a presentation on what a partnership would look like (examples). And have a face to face meeting to discuss it.  Regardless if they say yes or no, ask they what lead them to say that.  This will give you great feedback on what to do or what to change for next time.  PS- I'm a high performance coach and do a lot of work with clients on helping them grow in their confidence and courage as they build more relationships in their professional life.  I'd be happy to talk further if you'd like to learn more.

business profile image
The Titan Real Estate Team, Real Broker
5.0 stars
2 Reviews

Loading replies...