Hey BP folks, I’d like to get feedback from experienced investors if what I have to offer towards a potential partnership is:
- A. Worth it for both parties
- B. Me not bringing enough to the table
- C. Me offering up too much
I am new to real estate investing and looking to partner with an experienced investor in the Nashville area and split profits 50/50. While not set in stone, my goals are to buy and hold multi-units, combined with flipping SFH. I am open to other investment styles based on the expertise of a potential partner.
I am able to bring the following to the table:
-Funding: Up to 25% down payment towards purchase and rehab estimate of an average-priced SFH, or duplex/triplex. I have the funds to take on at least 2 deals at a time; possibly more, depending on cost.
-Listing: I can list flips for 0% commission to maximize the profits. Currently I’m a licensed realtor out of state, but will be licensed in TN within 2 months, which is also the same timeframe in which I will be moving to Nashville.
What I am looking for in a partner:
-Vast experience in real estate investing, and willing to teach me step by step as we progress through the deal
-An investor who has the team/connections in place to get the job done (Hard money lender, GC) and the ability to find deals in which the numbers make sense
I know there are still many moving parts to determine how exactly a partnership would work, but I’d appreciate any thoughts/feedback on the general offering as presented. And of course, if anyone does have an interest in a potential partnership and would like to have a preliminary discussion, please let me know.
Thanks in advance!
Kyle
