Possible Partnership Opinions Please

[Kurt Heise]

So I have been working with a fairly successful local investor as of recently, and am looking to invest myself. He owns a lot of buy and hold SFR's and Multi's but I have noticed that they are kind of in war zones.... but that is beside the point. I also just joined a smaller local REI club and am looking foward to going to my first meeting next month.

so let me get to the point...

I have around 12,000 saved up. now I know that's not a lot of money but it is all i can do I have a house at the moment and am not going to even try to get a loan on equity yet. thanks in advise for any insight.

Is 12,000 even enough to be taken seriously? This guy handles a lot of property and does quite a few flips as well I would be looking to make an attractive deal but why would he accept my help when he is perfectly capable of doing it on his own?

I am a HVAC contractor so past the initial investment up front i could purchase and install the equipment for free.

I don't know his numbers so i would like to see the past 2 or 3 flips on paper and analyze them with a very successful investor I know to see what hes doing.

I would try to team up for a flip by the way and just some local market info for you most of the rehabs around here sell for 30k-50k and need roughly 15k-35k in work to retail.

I guess my major question is that if i came to one of you guys with this to bargain with would it even be worth your while. how would you further take my deal so far and structure it so that it is more attractive to accept.

thanks