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Updated about 10 years ago on . Most recent reply
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Seeking investment partner
Not sure if many people agree with this method, but I am pursuing an investor whom is seeking a partner. I am a general contractor and am familiar with the physical aspects of home improvements. My problem comes with needing the time to find deals and in having the funds to obtain them.
I can put them back together and make them more valuable. Is it wrong to pursue investing this way? I would really consider an investor that is will to do a bit of mentoring as well to assist me in getting established and in return would be able to make profits off of our relationship.
I'm asking the forum because I am limited to available time with regards to face to face networking. Any help or guidance would be greatly appreciated.
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Originally posted by @Robert Akens:
I am more so looking for a business partner that can get the property and I would rehab it for them. I'm not looking for a cut in the profits.
Perhaps I'm missing something, but what you're describing is just being a contractor. You bid a job and get paid to do the work based on your bid.
How do you see the relationship as being different than any typical contractor relationship with a homeowner/investor?