Wholesale deal in clt/ joint venture partnership

[Henry Shungu]

Hey BP'ers

I am struggling with a deal on the hand right now and need help /advices.

I am completely new to REI. After attending few seminars and self education, I landed here in BP and I am grateful that I found it.

I  got my first deal under  contract. I initially wantted to wholesale to an rehabber . I did the marketing to few buyers in area but the few initial offers were way below the owners asking price. Excluding assignment fee completly. 

Went and renegotiate with the owners. They come down on the asking price but not a lot for me to wholesale. 

The deal doesn't meet the 70% rule for hard money loans. I have not cash of my own.

I am now just looking for a partner for a Joint Venture to rehab it.

Any interested investor should be able to bring the finances. Here are the numbers 

ARV 230k

Repairs 40k

Asking 140.

The property is located in on of the best area of charlotte NC.  Proximity from South Park mall and high end shopping centers and restaurants. 

Any help with a strategy to make this deal work will be appreciated. 

Thanks.