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Updated over 7 years ago on . Most recent reply

User Stats

375
Posts
217
Votes
Michael Gessner
  • Pomona, NY
217
Votes |
375
Posts

would a partnership like this work ??

Michael Gessner
  • Pomona, NY
Posted

Here's my plan, please tell me if I'm nutz lol. My idea has been since I have a ton of knowledge in the construction industry, from remodeling to handling jobs and estimating job costs, I'd like to partner with a "money guy", someone to put up the funds to purchase and rehab the property, my responsibility would be find the deals, arrange and do the rehab with my laborers and do a profit split at the end. Now I'm not saying this will be my business model the rest of my life, however I can gain a lot of knowledge from a seasoned investor, and I can relive the investor with the aggravation of finding the properties and doing the construction side of it. Any input would be greatly appreciated. Thank you

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