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Matthew Davenport
  • Investor
  • Los Angeles, CA
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Private investor from California

Matthew Davenport
  • Investor
  • Los Angeles, CA
Posted

I like to take chances on the occasional deal that makes financial sense, but perhaps the flipper hasn't quite the longevity. The numbers aren't a complete picture, but to date this plan has worked out.

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Marci Wilson
  • Investor
  • Oxnard, CA
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Marci Wilson
  • Investor
  • Oxnard, CA
Replied

Hello Matthew, 

Are you a HML or PML?

I'm actually thinking about doing a JV in which the lender funds the project 100% and accept all fees and an agreed upon percentage of the ARV once the property is sold. I will have a buyer qualified to purchase (Exit strategy).

I'm trying to create a business model that will allow me to become successful and create a method for doing fixers or wholesales. 

I would like to show you my next deal. 

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