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Updated almost 11 years ago,
Quiting My Job To Manage a Flip
I was recently offered to work with an investor in my area. He will find the property and I will get a hard money loan to rehab and flip. I will not have time to manage the construction,because I work the same hours the contactors would be working on the property.
I would have to cash out my 401K to support my family until I make some money on the sale.Should I do this or not is my question.Are there an other options? The Investor I'm partnering with does not have time to manage it either.I appreciate all of your opinions.