Sometimes people that come into money have confusion about things.You could use this money as a bank for your own purchases plus make hard money loans.Starting small with a new venture would be what I'd do but that may not be your style.Will you quit your job to pursue your investing and create a business from this?

If you find yourself doing something repetitive, boring or anything that is not focused on profit-making ventures, get someone else to do it.

Sheena proper Due Diligence is needed for this to be a successful venture for you.

If the venture is successful in year 1 then you can grant him additional equity into the company.

I am also considering venturing out to the Court House again.Please excuse spelling - I can't read the font on my messed-up laptop.

And congrats & best of luck on your new "full time" venture!!!

If it were me I'd stay away from partnerships or joint ventures until you really knew someone after doing business with them awhile.I'm curious what kinds of margins these deals have?

Little did I know, I had him convinced Months ago to help me start a rehabbing venture.

And, the property would need to be appraised as well, yes the appraisal for ED come in lower than market, but that can be objected to and split between two appraisals in most cases.....I'm usually not really for the use of ED to benefit any private venture.

It has stopped and decided to start save for my RE ventures.