How to Leverage OPM

[Michael Williams]

O.K. it is "Pick the Seasoned Investors Brain Time".

I plan to wholesale for 12 months, Buy and flip for 12 months while still wholesaling, and start buying and holding in the 3rd year while reducing buy and flips to 20% and wholesaling to 30%. Here is the question:
I have two people that want to go into business with me. One have been approved for a $200 mortgage loan, the other one wants to get into real estate and has acess to family members overseas with hundreds of thousands of dollars in their mattresses (money is dormant). He wants to show them how real estate can grow their money. What would be a good game plan for the loan guy and what would be a good game plan for the money guy? I would rather keep them apart at this this early stage until I see where their heads are at.

I am a strong believer in mastermind and I know that I will be successful in this business but it is still good to get expert opinions. Give me your thoughts.