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Updated over 12 years ago on . Most recent reply

User Stats

74
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25
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Ember Meadows
  • Real Estate Investor
  • Columbus, OH
25
Votes |
74
Posts

Creative Ideas-Partner or Wholesale to?

Ember Meadows
  • Real Estate Investor
  • Columbus, OH
Posted

Hey Guys, I need your guys input. I have been in real estate investing for almost a year. In that time frame I have gotten 5 rental properties, and also done 1 wholesale deal, and in the process of a second. I made a connection recently that used to be in portfolio lending. He just reached out to me and said he is wanting to get into real estate investing, he is interested in notes, single family and mutil family. He has several connections he has recently talked to and they have lots of money and are extremely liquid and and ready to invest in real estate. He approached me about how we can partner up. He wants to have a meeting with me possibly tonight. I am trying to think of creative approaches of how we can do stuff together. I have not done much marketing for wholesale deals in awhile. He is ready to look at deals right now. I dont have any killer deals off the top of my head, and not sure if I should approach this as I can wholesale him deals or something where we can partner and do some rehab and flips. I was just getting ready to meet with a hard money lender this week about getting funding to do a flip. Any ideas welcome.

Most Popular Reply

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8,666
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4,014
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Jon Klaus
  • Developer
  • Garland, TX
4,014
Votes |
8,666
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Jon Klaus
  • Developer
  • Garland, TX
Replied

Ember, you don't have any deals now, but you can find them, right? Really figure out what your new partner wants and find them for him. And what his connections are after. It might fizzle, but it could really turn into something, too.

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