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Updated about 13 years ago,

User Stats

296
Posts
11
Votes
Tiara Murray
  • Investor
  • Detroit, MI
11
Votes |
296
Posts

Joint Venture Deals

Tiara Murray
  • Investor
  • Detroit, MI
Posted

Good evening investors. I have been trying to flip my first house for the past 12 months to no avail. :roll: The bottom line always seems to be that I cant come up with the EMD (I've been laid off from my day job and my debt is steadily rising) to hold the property in place while i market to a buyer. I am wondering if my new strategy will work: :idea: I plan on doing JV deals with local successful investors, in which, I will find the property, do all of the due diligence and find the end buyer. All I am asking is for the investor to fully fund the deal, from EMD to close. Is this a good idea? Would investors be willing to partner with me on this strategy? I am desperate here people. I am really eager to get up and running. :wink:

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