What's More Important: My History or The Numbers?

[Michael Moikeha]

I am fresh to the market, have spent my due diligence studying, learning the craft, and building a team, and now I am looking to find the last and probably most crucial member of my team.

The Money Partner

Here is my question: if I can present a business plan and strategy with comps, projections, market research, and the exact type of deal we are looking to close, is this sufficient in providing them with the knowledge and assurance of our skill set? The value we bring is the ability to search out deals and build a team to ensure a high yeild lower risk investment opportunity for a joint venture partner.

Or, are the more interested in seeing a history? If so, is there any advise on how to reassure with limited history? I am not interested in wholesaling, flipping, or SFH deals as they are apples and oranges in the REI world.

Any input would be greatly appreciated.