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Updated almost 11 years ago,

User Stats

97
Posts
35
Votes
Jordan L.
  • Real Estate Investor
  • Coconut Creek, FL
35
Votes |
97
Posts

How do I partnered up in a Real Estate deal

Jordan L.
  • Real Estate Investor
  • Coconut Creek, FL
Posted

Ok, I finally find a cash buyer investor and it happen just by assisting him with something personal, we begin talking about life and then I found out that he is currently looking to buy something he can invest in. We spark a conversation on real estate. He has $150,000, he has the money but credit is not that great but he is working on fixing it. How can I partner with him on a deal. I am looking to purchase a quad so I can live in myself, how can I bring this to him. I was going to look for something and then put 3% down. recently he was going to try to purchase a foreclose home for $689,000, however when I look at the numbers it wasn’t beneficial for him. What I did tell him is start low and we can probably get more properties for that amount. He did advise me he is willing to buy quads. My bigger pockets how should I approach him on any deal I find and get a cut myself. I want to help and in return he is helping me to jump in the game of real estate. Thanks for all advice

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