Partner wanted: $13,000 for 50% in SFR Long-term Hold

[Joe G.]

3/2 Cape Cod on large lot with unfinished basement in seasoned neighborhood. Looking for a partner for the down payment and co-sign or use your lender. About $10k in repairs to be paid by me at closing, $1k EMD already paid, plus I worked since July to get this property at this price. So we will have the same skin in the game. Estimated $100.00 positive cash flow until long term loan can be secured, then nearly double. Closing price is around 68k; ARV should be 120k. In addition, I am a licensed agent that is the buying agent and will be the selling agent during the exit -- saving around 6%. $13,000 gets you 50/50 partnership with me. Please contact with any interests. Thanks!