what to do with my millions of dollars???

[Caleb Mclamb]

Hey BP, 

Now that I've got your attention, I sadly do not have millions of dollars. However I do have 100k in private money that I can use at my discretion. I am very green and have learned allot from BP, the pod casts, and books, but have yet to do a deal.

My question is this: how can a first time'r best use 100k to invest in real estate? 

Would you use it as down payments on buy and hold properties?

Would you not use it until you have learned more? 

My idea is to partner with an experienced flipper and use my capital and my willingness to work and learn as "what I bring to the table" and use the proceeds from the flip to build my personal asset pool to further my own real estate goals.

I would plan to structure it as a 50/50 split with the flipper and split my 50, 50/50 with the private investor. 

I would gain 25% proceeds and lots of knowledge and experience and gain confidence.

Is my idea stupid? Is it good? What do you flippers out there thinK? 

Thank you for any and all feedback!

[Rusty Thompson]

There is a lot of information about what you are going to do, but not a lot of information about why you are doing it. Define your goals first, then go from there.