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Updated about 5 years ago,

User Stats

19
Posts
9
Votes
Kelly Ellis
  • Contractor
  • Inverness, FL
9
Votes |
19
Posts

We want a piece of the pie...

Kelly Ellis
  • Contractor
  • Inverness, FL
Posted

 I am trying to figure out what is a good way to approach the financial aspect of working with another investor as a contractor/investor. We have a lot of experience and knowledge in the "hands on" aspects of this business but not the creative financing part. We have just bought a lot of equipment for our Marine Construction division, so for now we need the financial backing. I need help putting the little Dave Ramsey voice in my head to rest because I don't want to wait until we have all the money upfront before we start. All the deals we have done so far have not been financed. Especially because as a business we don't show making much. While those investments have made great returns it is too slow for us. We have the knowledge, license and ability to make our own quadplex instead of buying one that is over priced and falling apart. It is incredibly frustrating. I will find some before and after pictures of our most recent remodel we did for a couple investor that live out of state and are also Bigger Pocket Members.