question

[Eric L Walker]

Hello bp!! Was wondering if someone could help me with the best way to approach a family member to potentially fund a fix n flip investment while I do all the hiring of contractors n managing the property 

[Joseph Caracappa]

Eric L Walker all I can say is do your homework before using a family members cash!!!! Flipping is not easy like it's portrayed to be!

Before I managed projects for a flipper, I used to think it would be easy! I have been a carpenter for most of my life, so how hard can it be? Buy a house for X amount, fix it up for X amount and sell for huge profit!!! Bam we are in the money! Haha boy was I wrong!!!! There is soooooooooo much that goes into a successful flip!

Not trying to discourage in any way, actually it is the exact opposite... All am suggesting is know what the heck your doing before risking anyone's money. And if you already have a good idea of how it all works, then go all in!!! Make sure your investors get paid! Even if that means you don't make a dollar.

To your success bud!!!!