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Updated over 8 years ago, 08/10/2016

User Stats

34
Posts
4
Votes
Ebahi Ejerekhile
  • Dallas, GA
4
Votes |
34
Posts

Silent investor makes double what they put in...is this real?

Ebahi Ejerekhile
  • Dallas, GA
Posted

I'm considering my first REI deal. The contrator and agent I am working with sent me a contract that I'd make $5000 for the $5000 I put in to a JV deal. The other JV partner put in $10k and he is going to make $10k.

The deal is a flip. House purchased for $315k in Atlanta, ARV $650-700K

Wondering if this is a far-fetched deal. 

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