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Updated about 4 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Colin Young
  • Developer
  • Schenectady, NY
2
Votes |
9
Posts

How to Use an Investor

Colin Young
  • Developer
  • Schenectady, NY
Posted

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!

  • Colin Young
  • Loading replies...