New to invesing asking advice
Hi My name is Sunny. I am new to bigger pockets and real estate investing. My background is in retail sales and I was a realtor for 3 years. I have always been interested in real estate investing specifically in flipping and rehab. I recently found a family friend who showed interest in becoming a private lender for me. He asked me to create a detailed business plan and send it to him. I don’t have much experience on creating a business plan and to make things more interesting he lives in the UK.
My questions would be, are there services who will help me create a business plan?
How would taxes work for an out of county investor?
What are some thing I should be looking or considering in this situation?
I would love to hear some stories on how you financed your first flip with not much money out of pocked?
Most Popular Reply
@Sunny Alamgir: I have not but it probably has the normal pieces. Sounds like you found one that is tailored to real estate investing. Should all be just fine but again the biggest things are the deals and the structure you are offering the investor