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Updated about 7 years ago,
In need of a mentor House Flipping
So I'm finally taking this a little more seriously and I've hooked up with a contractor and his wife who happens to be a real estate agent.
I have no experience. Period.
He has been in construction for 15 years, has read all the books, knows what to look for and figure out comps, how much it will cost to repair. etc. etc. etc. But he has never flipped houses before, but he's eager.
In this scenario, I will be the bank, he is the project manager. We're in the midst of creating a Joint Venture Agreement.
Being that we are both newbies, I am hoping I can find an experienced mentor that can hold my hand through this process. Although, we haven't nailed down a property, we are very close.
Thanks much.