New to Real Estate · Houston, TX · Member since 2020 · 12 posts · 9 votes
Hi BP Community,
I'm looking into a deal where I would be the money partner. I've only had one conversation with the person who has the deal. He seems legit and seems like he's been investing for quite some time. What would you do to vet this person? I don't want to be scammed out of cash. I appreciate the help!
Question for you - would you say one of your close friends "seems legit"?
I wouldn't invest with anyone unless I already had a working relationship with them and/or was currently in the same social group (i.e. smaller REI meet up, church group, sports team, etc.) as them where there are obvious social repercussions if they were to screw me over.