All Forum Posts by: Jordan Wright

The structure of the profit-sharing arrangement is designed to encourage initial engagement by offering highly favorable terms upfront, but the true value lies in the sustainable growth and mutual benefits of our long-term partnership. Beyond the initial deals, investors continue to benefit from:

Growing Returns: As our projects grow in scale and success, the returns on investment can increase, even with a more balanced profit split. The initial deals serve as a foundation for more ambitious and profitable projects.

Strengthened Trust: With each successful project, our partnership strengthens, leading to smoother operations, increased efficiency, and ultimately, greater profitability. Trust and reliability are invaluable commodities in real estate investment.

Exclusive Opportunities: Long-term partners will have first access to future projects and opportunities. As our relationship grows, so does the potential for first dibs on high-potential investments.

While my BiggerPockets profile already showcases my successful track record, I'm excited to share my bigger plans—projects that go beyond what I can support financially alone. I've established a strong back-end team and am in the process of building an in-house construction team. I'm looking for new partners and am offering an attractive profit-sharing arrangement. For the first deal, profits will be split 90/10 in your favor, with the split decreasing by 10% in each subsequent deal until we reach a balanced 50/50 partnership. My goal is to foster genuine, long-term partnerships rather than mere transactional relationships. This is why I'm proposing such favorable terms. If you're interested in a collaborative and profitable venture, let's connect and discuss further!

While my BiggerPockets profile already showcases my successful track record, I'm excited to share my bigger plans—projects that go beyond what I can support financially alone. I've established a strong back-end team and am in the process of building an in-house construction team. I'm looking for new partners and am offering an attractive profit-sharing arrangement. For the first deal, profits will be split 90/10 in your favor, with the split decreasing by 10% in each subsequent deal until we reach a balanced 50/50 partnership. My goal is to foster genuine, long-term partnerships rather than mere transactional relationships. This is why I'm proposing such favorable terms. If you're interested in a collaborative and profitable venture, let's connect and discuss further!

While my BiggerPockets profile already showcases my successful track record, I'm excited to share my bigger plans—projects that go beyond what I can support financially alone. I've established a strong back-end team and am in the process of building an in-house construction team. I'm looking for new partners and am offering an attractive profit-sharing arrangement. For the first deal, profits will be split 90/10 in your favor, with the split decreasing by 10% in each subsequent deal until we reach a balanced 50/50 partnership. My goal is to foster genuine, long-term partnerships rather than mere transactional relationships. This is why I'm proposing such favorable terms. If you're interested in a collaborative and profitable venture, let's connect and discuss further!

Investment Info:

Single-family residence fix & flip investment in Williamsburg.

Purchase price: $92,000
Cash invested: $30,000
Sale price: $22,000

BRRR Deal

What made you interested in investing in this type of deal?

House was presented to me from a wholesaler near many of my other properties.

How did you find this deal and how did you negotiate it?

Wholesaler

How did you finance this deal?

Cash and Hard money

How did you add value to the deal?

New Roof, Gutted the back end and added a half bath.

What was the outcome?

Renting for $1650 and refinanced out.

Lessons learned? Challenges?

Contractor's suck

Investment Info:

Single-family residence fix & flip investment in Cincinnati.

Purchase price: $170,000
Sale price: $250,000

Large 4 Bed 2.5 Bath finished basement.

What made you interested in investing in this type of deal?

Larger property in an area I have not invested in yet.

How did you find this deal and how did you negotiate it?

Auction property

How did you finance this deal?

Cash and hard money.

How did you add value to the deal?

Put a new roof on the property, had to remodel two of the rooms where the previous roof was leaking, carpet and paint upstairs, paint downstairs.

What was the outcome?

Sold

Lessons learned? Challenges?

Still finding challenges with the contractors. Paid for a few things twice on this property.

Has anyone had any luck?  Yet again a property in limbo because contractors over promise and under deliver. 

I don’t like to do this type of thing and I’m not saying you shouldn’t use this company entirely but be aware of loan officer Gabriel Martin and loan processor James. 
I originally brought a auction property to them that I wasn’t allowed access too. Drive by appraisal was completed and loan was given the go ahead. Title didn’t receive the deed for 3 months. Title was ready to close within days of receipt of the deed. ABL was not and still asking docs from me after sitting on it for months. Meanwhile I brought a wholesale deal to them that they assured me the could close in the two weeks the wholesaler required. Appraisal came back and loan was cleared to move forward. Closing was scheduled on Monday and Friday I get an email stating that ABL needs the contract from the original seller and the wholesale company. On top of this numerous emails have been sent without a response from ABL. At this point I’m livid and calling around to other lenders to see if I can get a rescue but I’ve already paid all of ABLs fees. Myself, the wholesale company, and ABL went back and forth for a whole week. Finally this was closed a week later and had it not been a wholesale company I would of lost my 5k deposit.

I’m highly suggesting that if you want a pleasant lending experience go elsewhere. 

I’ll gladly take messages to clarify anything. 

I doubt it.  

Sorry for the confusion. My current hard money lender has delayed closing by over a week at the last minute because they wanted to see the contract between the wholesale company and the seller. The appraisal came back and appraised for what I offered so you can see why I am upset and had to plead with the wholesale company to not drop me and take my 5k.