Found great deal on foreclosure, best way to find cash partner??
I live in Burlington, NJ and have recently discovered 2 great properties to fix and flip. I've done my due diligence on both properties (along-side my REA), and have used the BP fix and flip calculators. The first property is listed at $66k, is a 3/2, and would need $30k in RENO repairs. This property has the potential to make $30k profit after all expenses based on comps within 0.10 of a mile. The second property is listed for $73.5k, is a 4/2, and would also need $30k in RENO repairs. This property has the potential to make $60k after all expenses based on comps within 0.10 of a mile.
- What is the best way to find/attract a cash partner in order to proceed with either one of these deals?