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All Forum Posts by: Sunny Alamgir

Sunny Alamgir has started 1 posts and replied 2 times.

Post: New to invesing asking advice

Sunny AlamgirPosted
  • Gambrills, MD
  • Posts 2
  • Votes 0

@Account Closed

That is exactly how I feel about a business plan.

@Arpan Patel

Thank you I actually found a sample business plan from 123 flip. I will start working on it ASAP.

@Andrew Johnson

I agree I will put together as much detail I can about the market.

Thank you for your answers and advice Have any of you looked or used the plan form 123 flip?

Post: New to invesing asking advice

Sunny AlamgirPosted
  • Gambrills, MD
  • Posts 2
  • Votes 0

Hi My name is Sunny. I am new to bigger pockets and real estate investing. My background is in retail sales and I was a realtor for 3 years. I have always been interested in real estate investing specifically in flipping and rehab. I recently found a family friend who showed interest in becoming a private lender for me. He asked me to create a detailed business plan and send it to him. I don’t have much experience on creating a business plan and to make things more interesting he lives in the UK.

My questions would be, are there services who will help me create a business plan?

How would taxes work for an out of county investor?

What are some thing I should be looking or considering in this situation?

I would love to hear some stories on how you financed your first flip with not much money out of pocked?