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Updated about 10 years ago on .

User Stats

32
Posts
5
Votes
David Ziccardi
  • Appraiser
  • Bensalem, PA
5
Votes |
32
Posts

Can provide a 10% return on investment

David Ziccardi
  • Appraiser
  • Bensalem, PA
Posted

I buy homes in Philadelphia and rehab them to rent out long term. I am looking to partner with someone who is willing to invest, at the most, 25-30k per property. This will cover acquisition and rehab which I will coordinate and manage. In return, I would like to structure an arrangement that provides the investor 50% of the monthly rental income until I can buy the investor out of the arrangement at their total investment + 10%.

I have contractors that can take the property from vacant to rent ready in 6-8 weeks maximum and a professional management company that handles everything tenant related once the property is rent-ready.

Ideal situation for someone who  has some capital to invest and wants to be hands off.

If this is something you are interested in please contact me via bigger pockets.

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