I am looking to DIY finish a basement in my house (level floors, sheetrock walls, add a half bath). 

I did have my doubts for such a venture and now it’s clear…It’s a no-go on all fronts!!

The main reason is money that the Fed created is in wall street investments and those ventures that they have created will be holding up the property values in many markets.

Or maybe a joint venture?

Your young, do you ever plan on DIY / repairs / fixing things in your homes you buy in the future?

In someways the biggest enemy is just the time that various owners have had todo improvements/diy the wrong way not necessarily the old products.

I am curious how some of the more experienced Flippers/Rehabbers structure their JV deals? The obvious one is where everything is split down the middle, but what if I don't have any money and someone wants to invest w...

Our 2nd property was in much worse shape and had been bought as a flip by a DIY investor/manager who was in over his head rehabbing three 4-units at once and likely had decades of deferred maintenance prior to him owning it and doing bad lipstick work on it for a year so there were a lot more issues to run to ground.So yes, costs will be high, I would definitely figure 20-25% variable cost unless it's a property that's been recently gutted and completely rehabbed.

If you come across a deal that's a little too big for you to take down personally, Im always interested in Joint ventures if we can create a win-win

Any advice on how to get this venture off the ground?