Starting Out Strategy

[Karsen Wynn]

I am currently in college and I have parents and grandparents that may or may not want (they are "iffy") to invest in real estate and of course they are not wanting to take the time to go out and look for an amazing deal. So as you would've guessed I am the one looking more than they are and they seem like they don't have as much interest as I do. They have the money to do a 50-50 deal with me (they fund the deal and I manage it). However, I haven't been given the "green light" from them, i.e. I don't really know if they have their seed money ready to be invested. I don't want to waste anybody's time so should I wait till they give me the so called "green light" or should I go find a deal and show them the numbers? I was thinking that if it was an amazing deal they would go find their seed money as quick as they could or I could go find someone else to invest with. I guess is what I'm trying to ask is should tell someone I am going to buy their house (I guess that would involve a contract) without having a definite way to finance the deal. I know I will be using private money but Im not quite sure who from. 

Thanks, Karsen