I am new to Real Estate Investing and I would love feed back.....

[Ulises Astorga]

Hello all, I am currently debating two different paths to get started in R.E.I. Path#1: I am wanting to build up my investment portfolio, typical buy and holds and occasionally flips etc.. Path#2 I have been entertaining the idea of joining an Investors network, to become a member they have a fee of a $5000, but this will allow me to use their hard ball lending at 0% interest 12-24 months (depending on credit). They will do ALL the work, (and have a proven record) Long story short I will get 65% of the net profits. I would love to get feedback on what you guys think!

[Chris T.]

@Ulises Astorga

I'm curious to find out why that investor's network would offer you 0% financing. If they have all the expertise and contacts, why do they need you in this network? Anytime someone has to fork out $$ to start raises a red flag. 

Who is responsible for acquiring the houses? SOW?

Who is overseeing the rehab process, and who's responsible for selling? 

Most importantly, who has control of the process?