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Updated over 6 years ago, 08/09/2018

User Stats

62
Posts
60
Votes
Babek Sandhar
60
Votes |
62
Posts

Looking to team up with someone in Bay Area!

Babek Sandhar
Posted

Hey BP comrades,

I wanted to throw a feeler out there and get some feedback. 

I've bought and sold five homes in the Bay Area (East Bay) over the last 2 years. Recently, I started working with one of my best friends who is a designer and I love the way my projects are turning out.

My margins have been pretty good (upward 20% on an average 4-6 month time span). 

I would love to continue to do this, but I want to mitigate my risk going forward due to uncertainty in the markets (F Trump).

What I have in mind is gathering 1M in total cash (I can fund 25%) to do another project home/multi-unit and I could run everything from start to finish. I've never really worked with anyone else before, but I think if you believe the market will stay the way it is, it can be a great opportunity for anyone interested in rehabbing or getting started.

If anyone is interested, PM me to discuss further or see pics/numbers.

**I don't mean to sound rude, but I don't want to waste anyone's time and for that reason, I will provide my proof of funds and ask for the same in return. I know a lot of us are busy and don't want to waste anyone's time.

Not trying to sound too forward, but we would have to share our returns/projects (if any), proof of funds, etc to start working together. I'm looking to save your time and mine, so if you're interested, I look forward to hearing from you.