Support for flipping in Columbus Ohio

[Dhanush Kondoth]

Hello BPians,

I am planning to Bid on a property in Columbus Ohio which I intend to flip. The issue is, I do not have enough cash reserve for the "Big lenders" to make their underwriter happy (I have cash more around 20% and not zero). Now I know you might be thinking...well obviously then you are not qualified to do this but please do hear me out. I am sure the most experienced people here have also been there during their initial stages of REI.

I have a plan. I have the property in sight, the numbers, the real estate agent ready to work on it (an agent I have done my previous deals successfully), I have actual rehab numbers from a reputed contractor that I have worked before and I also have some experience rehabbing. I ALSO HAVE AN EXIT STRATEGY.

I would like to know if someone would be interested in working with me in the form of a bank and sit back and collect the profits. 

Whats in it for me? - This helps me build my credibility and some money.

Please let me know if interested and I will share the details of the property and the numbers.

Thanks

Dhanush