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How to Use an Investor
I am putting the pieces together on my first flip and I am trying to figure out the best way to utilize capital from an investor who is interested in working with me. He would be providing 15-20k to assist with renovation and I am looking at a 4-5month timeline to close, renovate and re-list (/sell).
Can someone steer me in the right direction for structuring this so that it works out for both of us? I have heard of real estate funds, hard money lending etc.. This would be a first for the investor as well so I want to make sure it's worth it to him so we can work together on future/larger deals. Any insight would be appreciated!