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Experienced investor looking to partner with lender multiple fix/flips in VA Beach
Experienced investor looking to partner with lender on multiple fix and flips in Virginia Beach Virginia
I am a 30 year real estate agent that is looking to go full time with fix and flip in the Virginia Beach, Virginia area of Virginia. Over the years I have personally fixed and flipped homes, owned rental property and built home from the ground up, from 1500 sqft-6000sqft. I have also helped investors do the same. I currently primarily help investors find fix and flips. I also currently own a kitchen and bathroom remodeling business that I’ve operated for over 20 years.
Currently I’m at a stage where I would like to personally dive deeper into fix and flips and new construction, but on a larger scale than I’ve done over the years. I’m looking for a very specific partner that has the responsibility of 100% funding the purchase and rehad, even new construction projects. I in turn will:
1. As the real estate agent, I would find the right deal with market research
2. Present the best deals available to my partner with the ARV and profit potential.
3. We both agree on which property works for portfolio and close on the purchase.
4. I line up the repairs and contractors from start to project completion
5. My partner pays the contractor/suppliers directly , based on project schedule and budget, with lien waivers supported documentation.
6. We complete the renovation or construction and list the property for sale.
7. Sell the property on completion and split the profits on completion as agreed.
I am looking to partner with someone that is willing to completely finance at least 1 project per month and will to finance more monthly projects if our working relationship is working well for both of us.
The projects would all be in the Hampton Roads area of Virginia, which is a fantastic area for home flipping and starter homes. This is a very transient community primarily supported by the active duty military and supporting services. This community has the largest population of active duty military across the United States.
I am only looking for serious partners that are capable of funding these deals consistently and understand that not every deal is going to go perfectly, but with my years of experience and resources we can do extremely well with this partnership. Again, only looking to communicate with serious partners that can support the multiple monthly financing needs of this partnership.