Looking for additional investor for property flip

Member since 2026 · 5 posts · 1 vote

Have a family property that I am looking to purchase and flip. Need one more investor (25% of total cost). Where is the best place to find real estate investors?

1 Reply

114 views

Most Popular Reply

Andreas MuellerBusiness Member

Real Estate Agent · Nashville, TN · Member since 2019 · 412 posts · 183 votes

8mo

Hey Bryan, I have folks flipping here in Music City, happy to be a sounding board. MEssage me

THE Investor Agent and Management: For Investors by Investors

Website View Page

1 Reply

See this reply in the discussion

11 Replies

Jump to latestLatest

Sort by

Bryan Billips
OP
Member since 2026 · 5 posts · 1 vote
9mo
@Account Closed the home is in the Green Hills neighborhood in Nashville TN. Plan is to tear down existing home and build a single family 7000 sq/ft home. Already have initial layout plans from architect. There are already 2 investors including myself and my contractor. Need 1 more investor to co-sign with the bank (for loan approval) and invest 25% of the total cost (roughly $175k). Would payout 25% of total profit to this investor
0 Reply
Dylan R.
Investor · Miami · Member since 2026 · 6 posts · 4 votes
9mo
what do you expect to profit and how long until you resell?
0 Reply
- Bryan Billips
  OP
  Member since 2026 · 5 posts · 1 vote
  9mo
  @Dylan R. Expected profit is aaround $700k. Still waiting to hear back on bids but this is based on our estimates. Construction would start in March/April this year and expected completion would be 12 months after starting.
  0 Reply
Josh C.Pro Member
Property Manager · Indianapolis, IN · Member since 2010 · 1k+ posts · 1k+ votes
9mo
100% return in 12 months? If really that juicy surely a local guy can step in. On the surface that seems extremely optimistic.
Mind dropping the details below (cost to demo, build, sell price)? Perhaps would spark some interest even.
0 Reply
- Bryan Billips
  OP
  Member since 2026 · 5 posts · 1 vote
  9mo
  @Josh C. Happy to share all the details with any serious investor.
  0 Reply
- Bryan Billips
  OP
  Member since 2026 · 5 posts · 1 vote
  9mo
  @Josh C. I will say the biggest costs savings is 1) getting a $200k discount on the purchase of the property since we will be buying from my father 2) my contractor who is the other investor is only charging 10% of total cost
  0 Reply
Allan Smith
Contractor · Nashville, TN · Member since 2014 · 1k+ posts · 1k+ votes
9mo
May be interested. Sending you a message. @Bryan Billips
0 Reply
Mike Klarman
Specialist · NJ · Member since 2022 · 1k+ posts · 663 votes
8mo
I can tell you what a savvy investor will want and should want to know.
1) Is your ARV real? Subtracting 10% - 15% off the ARV is realistic. Looking at top line comps and seeing what houses moved for is one thing, going to sell a house for top dollar is another.
2) What are these lending terms? How much down, who is the borrower (whose LLC?) and who is the guarantor? How is my money protected? I can tell you that if I was going on, I'd want a brand new LLC made that i was a part of from scratch specifically for this deal.
3) Does your contractor know what they are doing? Everyone says they do. Too many contractors have made me look bad because they are inconsistent. Do a decent job then a sh!tty one to back it up. For someone to manage: Time, Money, People, Process is a lot and they probably have more than one job going at a time. It's the single riskiest x factor in the game.
0 Reply
Andreas MuellerBusiness Member
Real Estate Agent · Nashville, TN · Member since 2019 · 412 posts · 183 votes
8mo
Hey Bryan, I have folks flipping here in Music City, happy to be a sounding board. MEssage me
THE Investor Agent and Management: For Investors by Investors
Website View Page
1 Reply

Join the conversationCreate a free account to reply, vote on answers and follow this thread.