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Updated over 3 years ago,

User Stats

152
Posts
126
Votes
Jorge P.
  • Rental Property Investor
  • Jersey City, NJ
126
Votes |
152
Posts

Let our Deals go OR Find a Partner and Scale?

Jorge P.
  • Rental Property Investor
  • Jersey City, NJ
Posted

Hello Bp community! 

I'm an experienced real estate investor with multiple fix & flips under my belt (Please see my profile). Thus far my wife and I  have been funding all of our deals with our own capital. However, we are hitting a bump in our business where we have more deals than we can fund ourselves. So we are faced with the following options;                                       

Option 1: Let the deals go and wait till we have the capital to buy ourselves.                                   Option 2: Find a partner who has the capital or can qualify for financing and DO the deals together.                                                

After giving it some hard thought, we feel Option 2 is one we'll like to explore. We are willing to give up equity in efforts to scale our business model. With that said, we are currently looking for partners who have capital or can qualify for financing but perhaps don't have the time, experience to find deals and manage the projects. We have the deals & the experience to successfully rehab & resale a property. 

If you're reading this and feel this is the opportunity you have been looking for, please feel free to reach out so we can discuss further. We currently have two properties under contract at 55% of the ARV and will consider a partnership on both. (Properties are in NY & NJ).

"Growth is typically outside of your comfort zone" - We are READY to grow! You can grow with us.

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