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Updated over 2 years ago, 05/18/2022
What to present an investor when bringing a deal
Good Morning BP,
I am planning on writing an LOI for a property in the next week. The deal will be either a 4, 6, or 10 unit property(depends on who accepts my offer). These are all LTR that require some work but the extent of the work isn't too drastic, mostly cosmetic. My goal is to get the investor to partner with me and they will bring the reserves, deposit, down payment, closing costs, and rehab funds to the table and I will get the rest from a lender. When I present my offer, what are the big ticket items I should be presenting to the investor? Myself and a couple buddies will be managing the property and all the work that needs to be done so it will be very hands off for the investor if they so choose. I have a pretty good idea of what to present the investor but since this is my first time doing a real estate deal in this fashion, I wanted to get some advice from the BP community before I execute.
Thank you in advance for the help!
Very Respectfully,
Lucien