Is there a particular agency that is better than another for this type of arrangement whether it be fee structure or training?  

My father owns a construction company in my hometown, so I have spent my fair share of summers swinging hammers and digging holes.I am employed as a full time engineer and I am looking towards real estate to supplement my income and build a more stable future for my fiancé and myself in this exciting stages of our lives. 

Researching markets, fostering relationships with brokers, finding and vetting deals, obtaining experience, raising capital, arranging bank funding, vetting management companies...the list goes on...is hard work; so, the deal structure is set up so that the sponsor gets compensated for that work with a 70/30 split rather than proportional.  

My wife has a strong history of making nice returns on her homes, has a good eye for figuring out rehab steps that are cost-effective, and is good at staging.  

@Nolan Martineau, I also suggest you make sure that the arrangement you have with your family member is in writing.

We currently have 5 houses in different stages of repair and are looking to scale to where we will have 8-10 properties at a time.

. :) This feels like bragging, but it was a lot of market luck, hard work, amazing friends, and a wife with an eye for staging.

How do you arrange payments (partial upfront, with balance at completion)?

I will therefore, be referring to the ‘website bidding’ as ‘bidding’ for the rest of this post.Pre-Register StageBidding, typically has three stages.

If you call the store manager of any big box store and tell him your business is rehabbing apartments and you would like to start a purchase arrangement with his store, you can expect 10-15% discounts off of the shelf price.