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
General Real Estate Investing
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 about 11 years ago on .

User Stats

49
Posts
4
Votes
Randy Gross
  • Saint Cloud, FL
4
Votes |
49
Posts

Partner Needed Florida SFR 3/2/2

Randy Gross
  • Saint Cloud, FL
Posted

RE: Palm Bay, FL. 32907

3/2/2 1300+ sq. ft.

Current value: $70,000.00

ARV Value: $100,000.00

Amount Needed $15,000.00 to finish rehab.

Rental Amt. 950.00 - 1100.00 a month

no mortgage, home has a 2,500.00 lien

Home is placed in an LLC.

100 shares (valued at $1,000.00 each)

Receive investment + 30% of investment in Shares 

invest 15k receive 20 shares

Receive residual income from net rental proceeds relevance to % of ownership.

I have right to repurchase shares at $1,000.00 each. (most likely it would be 4-6 years till I can repurchase shares over time)

Optional Property Management:

You Can Mange Property, I can or a property management company can mange property