Seeking Equity Partner, Private Lender to JV or Other

[Sarah S.]

I have a very unique in which I have an international trust fund but can not use it much for investing at this time. I secure very profitable deals of which I have been wholesaling but stepping away from that in order to pursue exit strategies that are more profitable. Most my leads come from Probate and Divorce attorney referrals, vacant homes, and some outside the box avenues and lately I have passed up so many simply because of funding. Today I had an investor of 33 years who is now retired advise to find partners and give a good split.

Some of the deals require catching up payments and assuming the note, I have been wholesaling these but would love to fix and flip or owner finance. The majority are good for any strategy. I am willing to do the legwork from finding, analyzing and putting deals under contract that have profit potential and willing to manage the project. I simply need someone to fund the deal. I have no problem using hard money and doing the interest payments until home flips but in that case, I just need a partner to pay the cash at closing and I will cut the partner in a certain percentage of the profit as well as pay the cash as closing back however we agree and same goes on straight cash deals. I am sure quite a few on BP have experience on partnerships and can guide me in how they desire a partnership to be structured when they are equity partner therefore while this is new to me, I hope to gain a good partner and also good experience.

Partners are valuable so looking for someone or individuals willing to partner up! Currently I am looking for a cash partner for $29K which I need at closing. Even if you can not partner, I would love feedback on how to structure an equity partner deal.

Thanks