Labor for capital

[Mike Perry]

I am a production supervisor for a home builder. I know the ins and outs of construction, I have a great relationship will a wide variety of trades people and I am pretty handy myself. I currently own a flip house. I did all the renovations myself and now it is on the market. I am waiting for the profit from that one to use on my next venture but that money still won't really give me enough to do what I want. I would like to be able to use my skills and contacts to help others that are flipping, build my network and build capital. Question is, how do I get that ball rolling? Insight and experience is greatly appreciated. Mike

[Jeff Rabinowitz]

@Mike Perry, welcome to BP. You may be in a strong position to borrow private money. You have work experience and have done a flip. Once that flip sells at a profit you will have a better story. As is, if you approach a private lender you can secure their loan with a new project. If the house that is on the market now has equity you may also be able to secure a lender on a short term bridge loan until that property sells. After you complete a few project you may find potential lenders are seeking you out.