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Updated over 9 years ago on .

Offering LA and OC Flip Investors a Licensed Contractor Partnersh
For investors strictly in the Los Angeles and Orange County areas of California:
We have currently had two successful rehab investment partnerships and are looking for more!
Jeter Construction of Huntington Beach, CA provides contractor services where we float the cost (materials, labor, and management) of the rehab and the owner floats the cost of the house in exchange for splitting the profits on the sale: 50/50.
Yes, we are picky about the jobs we take. This is the first time I am posting in the Marketplace so any questions you have will help me in narrowing down a more concise guideline. I apologize for any inconvenience as I learn to efficiently post here.
Here are some general guidelines to help you know if your project fits our criteria:
- We are currently focused on SFR, but may consider up to a 4-plex.
- The numbers on a sample home would be: Purchase price: $150,000 - $250,000, Rehab costs of $25,000 - $50,000, with the house selling at $250,000 to $350,000 respectively.
- If you are a novice flipper, the easiest way to know if this type of partnership works for you is if your real estate agent has told you exactly what needs to be fixed and offered the same range of increased value. (We do not do handywork. If your rehab costs are less than $25,000, we probably aren't the most efficient match.)
- If you are a seasoned flipper, please view our facebook page for some examples of the work we have done in the past: from Palos Verdes, to Beverly Hills, to Compton and Redondo Beach. If the numbers work, we want to make a profit partnership. www.facebook.com/jeterconstruction
Please send me a private message if you have a specific project to discuss.
All questions and advice regarding this post are welcomed!
Best Business $$$ to you!