More potential deals than capital. Looking for equity partners

[Rob Terpilowski]

I have two projects currently underway in Tacoma, Washington that have another 6-8 weeks to go before completion, however I have a couple of potential deals I've come across that I hate to pass up, and I want to explore bringing an equity partner on board to provide funding for the cash requirements of the projects; ie the down payment/wholesale fees, holding costs, etc. in exchange for a 50/50 split of the profits.

What I can contribute is, access to the deal, management of the project, a rock star GC with a team of subs (that we want to keep busy on projects so we don't lose them), a rock star RE Agent, as well as access to a few hard money funding options in the area.

As I mentioned I'd like to keep the subs going on projects, so I'd rather take down the deals than wholesale them.

I'm focusing on investments in the Seattle / Tacoma area, primarily in south King and Pierce counties.

A very high level summary of the initial estimates for the current opportunities

Tacoma, WA - SFH
Ask: $125k
Rehab: $55k
ARV: $240k

Renton, WA - SFH

Ask: $325k
Rehab: $150k
ARV: $650k

My Current Projects that are underway

Tacoma, WA - Duplex
Paid: $115k
Rehab: $125k
ARV: $315k

Tacoma, WA - 2 Adjacent Duplexes
Paid: $340k
Rehab: $70k
ARV: $550k

I'll be working on putting together more detailed pro forma numbers as we get a better picture of the rehab work.

Please PM me with any questions.

Thanks,

-Rob