Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on .

User Stats

14
Posts
7
Votes
Oksana Patrick
  • Investor
  • DFW
7
Votes |
14
Posts

No money down. Working with investors.

Oksana Patrick
  • Investor
  • DFW
Posted

Hi guys, need your advice.

I start investing in real estate last year. For the last 11 months I did 1 flip and one BRRRR. My cash is locked in BRRRR for now and I am looking for a way to continue flipping. Now, I am working on "no money down flip". I worked out a proposal for my possible investors and based on my conservative calculation, I can offer ROI between 8%-13% (3 months project duration).

Questions for you.

Q1: What do you offer to your investors when you obtain the hard money purchase/rehab and your passive investors are brining cash to the table. I will be managing the rehab with my own crew and sell it under my real estate license (which save us 3% on commission).

Q2: Do you include your investors in title, if not, how do you make them feel secure?

Q3: I want to do this one-time transaction under Join Venture agreement. What contract do you do for one-time deal?

Thank you in advance.