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Updated almost 9 years ago,
1st time rehab/joint venture
Hello Everyone,
I am new to real estate investment. I am in the process of buying my first investment rehab property. The goal is to buy, rehab, than sell. I was approached with an opportunity to do a joint venture with a investor who is fairly new as well.
My concern is I do not know a lot about the investor. I am hesitant to proceed with a joint venture on my first deal. Later on after I have a few deals completed I would be more open to joint ventures.
Any suggestions or feedback are welcome.
Best Regards
Mark