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Updated about 2 years ago,

Account Closed
1
Votes |
4
Posts

How to Present a Deal to a Potential Partner?

Account Closed
Posted

I am a brand new investor and I came upon a potential opportunity in Greenville, SC.  Due to me focusing on decreasing my bad debts, I will have to present this opportunity to a partner who has the financing. It is a 5bd/4ba with 4bd/3ba on main floor and 1bd/1ba in basement.

Here are the estimated numbers:

   Purchase Price: 230,000-250,000 (Listed for 280,000) 

  Full Gut Rehab: 100,000-120,000 (I have never done a renovation before so I am just guessing high)

.  Refinance: 400,000-420,000

.  Rent: 3,500-4,000

I would prefer to BRRRR and hopefully house hack after completed as my first option with a fix and flip second option.

My questions are how should I present this investment opportunity to a potential partner and what ideal type of partner should I find?

Thank you for any help that you can provide.

Jake Fenton

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