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Updated over 4 years ago on . Most recent reply

User Stats

13
Posts
3
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Jason Collins
  • Investor
  • Plymouth, MI
3
Votes |
13
Posts

Purchasing 1st Property In Michigan

Jason Collins
  • Investor
  • Plymouth, MI
Posted

Has anyone done their first deal with a partner - one with cash and the other with skill/labor? I run a construction and remodeling company and have the ability to renovate the property.  Wondering if anyone has performed the remodeling for a % of the deal, while someone else handled the financing, but did not do any hands on work?  How did it work out?  How do you find deals like that?  I'm currently looking to purchase my first property later this year, but wondering if I can jump start things by partnering up with someone who does not have the time/ability to perform the renovation.  This could be for a flip or a brrrr.  Appreciate any help you can offer - thank you!

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