All Forum Posts by: Jared Adamson

Thank you for the replies. It is so cool that people here are so willing to help out!

Tonight I had a meeting with an acquaintance about getting involved with their property fix and flips. They have been buying properties with cash, fixing them, and then selling them. They have been limited in number of deals they can pursue because they can not qualify for a loan. They are proposing having me take ownership of the properties (I have great credit and a W2 income) using their money for a down payment. This would enable them to leverage the banks money and work on more properties at a time.

Is this type of partnership a good idea? Would banks go for it? What are some red flags? How should the partnership be structured? Any ideas, information, or discouragement would be greatly appreciated!

Good luck and welcome to BP!

Welcome to BP. I am not familiar with local turnkey companies but many of the turnkey companies are headquartered in the Bay Area even though they invest in other states. Good luck.

John, Welcome to BP. From the looks of it it seems we have many of the same goals. May 2014 be the beginning of some of those goals getting checked off the list!

That would be awesome! Count me in!

Welcome to BP!

Joshua, I have had both Verizon's Mifi and iPad's data plan. I found that there were always connection issues with Verizon so. Have been much happier with my iPad's data plan. Good luck!

Calvin, welcome to BP! Do you already have the property on the market? If not, I am interested.

Welcome to BP!