Experience - Realtor/HVAC/Construction ISO DMV Cash Partner(s)

[D'Aydra Allen]

After sharing this post (below) in a different forum it was suggested I look for a cash partner - that makes sense! So here I am! I live in Northern Virginia and am a licensed Realtor in both VA and MD. I'm open to investing in DC as well but I can't offer listings directly in DC just yet (I'd like to eventually get licensed there as well).

As a non-cash (or very low cash) partner in a future deal I am confident in my and my hubby's combined efforts to complete the actual work needing to be done, honestly. We have access to a lot of resources beyond just ourselves, the MLS, and heating/AC work. We work with great builders and laborers all of the time to complete our own projects as well as to act as subcontractors on flips and other projects.

With my skills I can manage demo/clean up, design a new/improved layout, and coordinate all work/permits/inspections needing to be completed, prepare/advertise the listing, and get it sold! I just need access to the money/financing when it comes to securing a deal and funding the work! If we need any professional or resource beyond my abilities, I have access the the right folks because of the professional relationships we already have in place.

The Post:

I started thinking... If we can come up with 3k to invest into a h. a. r. d. m. o. n. e. y. l. e. n. d. e. r. (I did this on purpose lol) program, that I am reading very disappointing review about, how ELSE can we invest that $$ to get us on our way to being real estate investors?

I will admit, I've been super pumped to put that 3k down and start accessing the info that's missing for me as a Realtor when it comes to distressed (and other) properties. Plus having access to capital for fix and flips would be amazing. I see properties, even in the MLS, that I KNOW I could work wonders with but we don't have any financing.

So, with three thousand dollars, how can my hubby and I invest for the greatest ROI. I know that's not much for big returns as 3k isn't 30k but it sure isn't 300 either! We are ready. We have a lot to offer beyond 3k. We own an HVAC company and can offer free labor and discounted equipment. I am a Realtor who is clearly "investor friendly" so I can offer discounted listings and any grunt work someone else doesn't have much time for. I have a construction background as an estimator, drafter, and project manager; so I actually know quite a bit about residential and light commercial structures. (I studied civil engineering too... I may finish that B.S. degree one day!)

So what should I do with all of this. How do we take the right first step? Or is the program above a good idea? I mean not all reviews were negative. I suppose I could use it to get more listings as a Realtor if nothing else. Or is a different lender an option? Can we use our real life resumes as "experience" ? We've done work on flips for other investors... that's something, right?

Is wholesaling the only way to go? You tell me, please.

Thanks in advance for being amazing BP members as always!

D'Aydra