Rookie Seeking Partner/Investor
Hello!
I am seeking a partner/investor to get started and be able to scale in fix and flips. I have done 3 total over the years netting ~$115k. These were done prior to looking at it as a business, however and therefore money from them was spent elsewhere. I have everything in place now except for funding. With separating from the service in the next few weeks I feel this is the perfect time to be able to jump in full-time. I won't have any contractual obligations preventing me from doing any of this. I have a W2 job lined up to make sure expenses are covered, but the challenge is getting the initial ~$40k for down payment. Once that is secured I have a hard money lender who will fund 100% of rehab and a team to complete it who are all master tradesmen and have been in the business for minimum 12 years, but most 20+. I have connected with a rockstar of a realtor who only sends deals after numbers have been ran and ran conservatively, and also presents minimum 2 exit strategies in case things go south very quickly and unexpectedly. I am 100% committed to this and plan to flip until I have enough in reserves to comfortably BRRRR. Once I have enough BRRRR single family or small multifamily units (2 years expected) I plan to move into commercial. By then our systems will be solidified and we'll have proven that we're capable. I would be more than happy to discuss sample deals or terms and go more in depth on anything else. Please don't hesitate to PM either!