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Updated over 9 years ago,
looking for investor partnership apprentice in Philadelphia
Hello BP!
My wife and I are new to the site. We have been trying to get into property investments for quite a few years. It's just tough to take the first step. With my wife being a realtor and access to the MLS and me being a contractor we are almost there.
We are looking for an investor who has a few flips under their belt to show us the way as a mentor, and who is willing to partner up for are first few flips.
Things we can bring to the table:
1- Realtor - access to the MLS for finding and negotiating the best deals
2- Contractor - licensed and insured and in business for 10 years to bring renovation costs down to make more money
3- Money - We have about 20k in Home Depot and Lowe's cards to repair the house
4- Work - Willing to do the leg work to find great deals and do complete renovations
Problems:
1- Credit - My credit is in ok shape, 650 to 700 due to medical bills.
2- Money - I have enough money to do renovations
Goal - Need a smart investor to purchase property with, be a mentor to show us the way. My wife and I will do our due diligence and leg work on finding a good property to invest In for a flip and all renovations will be done by me.
In summary, what we are looking for is a seasoned investor to partner up with for the first couple of deals to get started. We need someone who is willing to front the money to purchase a property. We are ready, willing and able to do all of the work with your guidance. We are honest, hardworking people who are looking to have someone "hold our hands" while we get to know the business. Starting off small is ideal; cosmetic upgrades, new kitchens/baths, etc.
If things go well on the first few flips, we are open to possibly partnering up for the long run!