I am new to Real Estate Investing in AZ i would love feed back...

[Ulises Astorga]

Hello all, I am currently debating two different paths to get started in R.E.I. Path#1: I am wanting to build up my investment portfolio, typical buy and holds and occasionally flips etc.. Path#2 I have been entertaining the idea of joining an Investors network, to become a member they have a fee of a $5000, but this will allow me to use their hard ball lending at 0% interest 12-24 months (depending on credit). They will do ALL the work, (and have a proven record) Long story short I will get 65% of the net profits.  I would love to get feedback on what you guys think!

[Account Closed]

@Ulises Astorga 

Well, you DID ask for feedback: Save your money. 

Do a search on BP to see if other investors have been happy with the company. When you say "they do all the work" there isn't any work to lending money. 

There are plenty of lenders that don't charge $5,000 for the privilege of borrowing high interest money from them. A "proven record" means they will show you closing statements (certified) when they bought, when they sold, rehab costs, holding costs and all details of the transaction. It is unlikely at this stage you would understand what you are looking at. I'm not being unkind, just being realistic.

"You will get 65% of the net profits and they will do all the work."

None of this adds up.

Either a lot of information is missing or you have confused the details.

I'd put the breaks on it until you get some answers.

If you want a list of questions to ask them, send me a colleague request and I'll email a list to you.