Case Study: A Successful Joint Venture in Real Estate - An investor identifies a distressed property with high potential but lacks the funds to purchase and renovate it. - The investor partners with a private lender who provides the capital.

@David YoungRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

The common areas "look" like the pictures, but the house could easily use another $80,000 in renovations.

By leveraging our expertise in pricing and buyer demand, we identified a deal that required no renovations but still yielded solid returns.

-Interest-only payments, which help manage cash flow during the renovation.

I would never advise my customer to take a 5 YPPP considering we are have been moving into a downward trending rate market since 2024. 3 Year Prepay Max but if you plan on doing renovations or taking cash out on the ARV then a 1-2 YPPP would be Max.I would also advise buying the rate down before you decide to take a 5 YPPP using seller credit, equity or closing funds.

Quote from @Zalman Schurder: Hey guys,I am closing on my first fix and flip in Tamarac Florida.I am renovating the entire home, adding a full bath, new floors, a new kitchen etc.Where can I find ideas for current designs, colors, flooring, paint, and kitchen layout.Any general advice of what to do or steer clear of?

Have recently started a renovation company with a friend, both of us successful business owners and talented in the trades.

I have worked with the closing team, renovation team, the property management team, and the customer service department.

Your agent should be able to help with your deal analysis, consulting on whether a deal is good/bad, learning neighborhoods, estimating renovations, building your team, etc.