Looking for investor or suggestions to help start my first flip
I am looking for an investor to help finance a flip in Massachusetts. I am a GC and have been working for a couple Investors over the past couple years. I have done 6 flips in the last 2 years, the flips were not in my name so some HMLdo not count them as experience. I plan on doing majority of the rehab myself and only needed a few subcontractors for different trades. I will manage the day to day and budget.
I have an LLC formed and around 25-30k in available funds. I am looking for an investor to help cover the upfront cost of purchasing and hard money upfront costs. I have a few properties I have already walked and looking to put offers in.
First deal is 400k purchase price 70k rehab with an ARV of 635k
Another deal is 359k 85-90k rehab with an ARV of 635k as well.
Feel free to ask me any questions or offer any suggestions on how I can get over the hurdle of 70-80k upfront cost between down payment and closing.