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Updated about 8 years ago,
Partnering with Construction Company
So, the owner of this company is interested in doing several flips if they find the right investor to work with. One to begin and possible to ramp up production down the road if all is well. The last deal is a house on two lots and the existing house needs torn down to build a duplex. The only other thing I know about the property is that it is hours away.
They are looking for someone to fund the whole project, while I know I should qualify for the loan, I am having trouble getting 10-20K for the down payment that may be required. How realistic is it for me to use my credit and if they have the money for a down payment?