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All Forum Posts by: Gregory Thompson

Gregory Thompson has started 1 posts and replied 3 times.

So if someone could please simplify.. Before I invest my money with a good friend.. What kind of paper work do I need. Step by step process! For protection in my investment. I appreciate yalls help. I'm young, and active duty in the navy. I get out in 6 months and have always been interested in real estate, wether it's a flip. Multi family homes, single family basically have Falling in love with the whole concept.
Hey Brandon how can I get ahold of you?
Will be receiving money through an inheritance. I will more than likely be investing with a friend of mine flipping flooded homes in denham springs, Baton Rouge Louisiana. What do I expect with the return. Would my investment be able to be withdrawn after a first flip considering I don't do more with him. Or would my investment/profit be stuck in real estate? What kind of security paper work should I do before handing over hard cash. Once again, I am just a lender. He is pretty much in charge. I trust him with his decisions. We would go dollar for dollar on the flip and the return would be 50/50