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Updated about 7 years ago on . Most recent reply

User Stats

83
Posts
11
Votes
Brandon W.
  • Llanybydder, Wales
11
Votes |
83
Posts

Beginners Luck or Creating Success

Brandon W.
  • Llanybydder, Wales
Posted

What would you tell a beginner who has stumbled upon a commercial deal which is the sell of 23 homes with a value of $6M Contract is already in place with 80% ( $4,560,000.00 ) financing and 30k Earnest Money but the beginner cant come up with the 30k Earnest Money or the 20% ( $1,140,000.00 ) If only the beginner knew someone who could come in and fund the 30k Earnest Money and the 20% ($1,140,000.00 ) they will receive 38% ($2,280,000.00 ) Ownership or stake in the company that will hold and manage the properties..............................

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