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Updated over 7 years ago,
Should I Invest in this Flip Opportunity?
Hello BP Community!
I'm still fairly new and have a deal that I am considering. It is with a local flipper who is quite experienced. The deal is to lend him $200K for the duration of the project with the expected duration being approximately 6 months.
My goal is to learn and make a profit while doing it. This project will be with a very experienced rehabber to take care of any hiccups that we could find during the process.
I am offered full access to the project and property, so I can decide the amount of my involvement in the project. We will have all documents on a Google drive, as well as weekly pictures. That way I can have all of the access available for you to learn as much as possible during the project, while still making a very nice return on my money.
Appreciate your thoughts.