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Updated almost 4 years ago,
Securing Investors. In the Start Up Stage LLC
I’m in the process of starting a wholesaling, fix & flip and contracting/development business. My end goal is to have a full scale development business within 2 to 3 years I’m starting off with Wholesaling to familiarize myself with the real estate market and build capital. Once I have several wholesale deals under my belt; I plan on moving into fix and flip. At the same time I want to run a construction business. I have a excellent construction background.
Do you guys think I should start at the end and just launch the business full scale or start the way I described? If so then should I make separate businesses along the way? Example wholesaling and flipping business only? Let the construction business evolve and then transition into the development process after a while? Organization is going to be key.
I’m also trying to build a portfolio of investors for wholesaling and fix and flips. I’d like to secure my investors and buyers BEFORE wholesaling and fix and flip.