Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Investing 40k in flooded homes Baton Rouge denham Louisiana
Will be receiving money through an inheritance. I will more than likely be investing with a friend of mine flipping flooded homes in denham springs, Baton Rouge Louisiana. What do I expect with the return. Would my investment be able to be withdrawn after a first flip considering I don't do more with him. Or would my investment/profit be stuck in real estate? What kind of security paper work should I do before handing over hard cash. Once again, I am just a lender. He is pretty much in charge. I trust him with his decisions. We would go dollar for dollar on the flip and the return would be 50/50