Trading services to get into a deal?

Trading services to get into a deal?

Contractor · Member since 2018 · 26 posts · 31 votes
So this is sort of a two part question and I’m a little overwhelmed honestly at the amount of information on BP. I had done a simple search online about how to get into fix and flip with little to no money down and the first thing that popped up was a thread on the BP forums. A gentleman listed 10 ways that have actually been used to make a deal work. One of them was to offer to trade services like carpentry, auto mechanics, dental work, etc. So my two part question is as follows: Does anyone no if someone has actually negotiated their services to cover the down payment? Secondly, does anyone no I’ve someone offering their services in lieu of their capital investment in say a partnership to buy and fix and flip a house? This may seem like an odd question but I’m wondering if that’s something I should pursue since capital is my issue. Again, I’m very new to all of this so if it seems like a dumb questions it’s because you could say I’m dumb in all of this : ) Thanks!
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  • Rental Property Investor · Clermont, FL · Member since 2016 · 266 posts · 81 votes
    8y

    Hey BJ...that's definitely an option! As long as you have something that someone else values...it's an an asset for you to negotiate with. Are you handy? Do you know any trades that could help other investors?

  • Contractor · Member since 2018 · 26 posts · 31 votes
    8y
    Thank Brandon! Yeah I’m a licensed/bonded general contractor that specializes in cabinetry and some finish carpentry. I’m just wondering if that could be a viable option to get my foot in the door and if so how do I seek out an investor looking for my skill?
  • Investor · Sacramento, CA · Member since 2018 · 28 posts · 12 votes
    8y

    Hi @BJ Dante, what area are you servicing?

  • Contractor · Member since 2018 · 26 posts · 31 votes
    8y
    Hey Katlin, Portland Oregon metro area. But further outside of that if something worked out!
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